GOP Megabill Would Add $3.3 Trillion to Debt

The CBO estimates that the Republican reconciliation bill that the Senate is considering will increase the deficit by nearly $3.3 trillion between 2025 to 2034, Bloomberg reports.

Punchbowl News says Senate Republicans and the White House reject the CBO estimate as inaccurate. The White House estimates it will cut the deficit by $4.9 trillion over the next decade.

Source

(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)