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Trump’s Tax Bill Could Raise Deficit By $2.8 Trillion, CBO Says

https://www.forbes.com/sites/zacharyfolk/2025/06/17/trumps-tax-cuts-would-raise-deficit-by-28-trillion-new-estimate-suggests
Topline The Trump-backed budget and spending package making its way through Congress will increase the federal deficit by $2.8 trillion by 2034, the nonpartisan Congressional Budget Office said in a report released on Tuesday—about $400 billion higher than its previous estimate. Key Facts The “Big Beautiful Bill,” a megabill extending tax cuts passed during President

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