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
Trump’s Tax Bill Could Raise Deficit By $2.8 Trillion, CBO Says
Published in Business and Uncategorized
More from BusinessMore posts in Business »
- The gut-check questions every leader needs to ask before building with AI
- 83% of CFOs say U.S. stocks are overvalued, even as optimism about their companies rises
- ADP: what 77 years of payroll taught us about AI
- Bitcoin beats gold, surge to $100,000 in play
- A Republican midterm defeat will not be an earthquake
- Zcash developers begin moving Tachyon code into faster private-payment software
- Considering the Future of the BBC and Its Funding Model
- Exclusive: AI housing unicorn EliseAI hits $4 billion valuation in new funding round led by a16z and Bessemer
- US-Iran war adds €100bn to EU’s fuel bill
- Stop asking writers if they used AI. Just ask them how much
More from UncategorizedMore posts in Uncategorized »
- The gut-check questions every leader needs to ask before building with AI
- 83% of CFOs say U.S. stocks are overvalued, even as optimism about their companies rises
- ADP: what 77 years of payroll taught us about AI
- Bitcoin beats gold, surge to $100,000 in play
- A Republican midterm defeat will not be an earthquake
- Zcash developers begin moving Tachyon code into faster private-payment software
- Considering the Future of the BBC and Its Funding Model
- Exclusive: AI housing unicorn EliseAI hits $4 billion valuation in new funding round led by a16z and Bessemer
- US-Iran war adds €100bn to EU’s fuel bill
- Stop asking writers if they used AI. Just ask them how much