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The legislation would also explode the debt by $2.4 trillion and decrease tax revenue by $3.7 trillion over the next 10 years, the audit found.
The package would reduce federal outlays, or spending, by nearly $1.3 trillion over that period, the budget office said ... The bill, called the “One Big Beautiful Bill Act” after the ...
Axios reports there are "four huge inflection points" that led Musk to crash out on Twitter and call the GOP spending bill a "disgusting abomination." ...
The ongoing debate in Washington over federal spending and deficit reduction has reached a fever pitch with the introduction of the Big Beautiful ... Congressional Budget Office (CBO) has ...
The CBO last year said receipts were $1.5 trillion or 5.6% greater than predicted, in large part because of the “burst of inflation” during the COVID-19 pandemic in 2021.Leavitt also suggested that ...
Various proposals had floated in the U.S. House that could have severely affected the state's health care system.
Jeff Hurd’s Grand Junction office Friday morning to air their grievances about Hurd’s vote to pass President Donald Trump’s Big Beautiful Bill. The group visited the office at 743 Horizon ...
House Republicans’ sweeping tax and spending cuts package would add $2.4 trillion to the deficit over the next decade, according to the Congressional Budget Office ... close to $1.3 trillion ...
An Iran Deal in Two Weeks? Hard to Achieve, Even if Trump Really Wants One. Negotiating with Tehran is time-consuming, and it’s unclear whether President Trump’s 14-day clock is more than a ...