Trump's megabill expected to cost $4.1T, according to new CBO estimate
MSNBCยท2025-08-05 11:38
Because the Congressional Budget Office now estimates that President Trump's mega bill will add more than$4 trillion dollars to the national debt over the next 10 over the next decade, some 700 billion more than previously projected. The CBO director sent the updated analysis to ranking member of the Senate Budget Committee, that's Democratic Senator Jeff Mkeley of Oregon yesterday, writing that because the bill's red ink is not offset by more spending cuts or new revenue, the legislation will drive up borr ...