Trump’s tax legislation increases deficit by $3.4 trillion and causes 10 million to lose health insurance, according to the CBO
Trump’s New Law Expected to Impact Health Insurance and Federal Spending WASHINGTON – The recently enacted “One Big Beautiful Bill Act” is projected to increase the deficit by $3.394 trillion over the coming decade, potentially causing 10 million individuals to lose their health insurance coverage. This assessment follows the near-unanimous approval of the law by […]
Risks On Gov’t Loans Issued Next Fiscal Year Will Cost Taxpayers More Than $65 Billion, CBO Says
The Biden-Harris Administration's lending plan is expected to cost taxpayers more than $65 billion in lifetime costs for new loans and guarantees issued in fiscal year 2025, according to the Congressional Budget Office (CBO). Losses from government loans are nearly double the cost of risk, which was $36.5 billion. Estimation CBO data for fiscal year […]
MATT EAGAN: The Border Crisis Is A Huge Expense For American Taxpayers, Despite What CBO Says
a Recent Reports The Congressional Budget Office (CBO) projects that the surge in illegal immigration at the southern border could reduce the federal government deficit by $897 billion over the next decade. At first glance, these numbers may seem like a silver lining in a national crisis, but a closer look reveals a more complicated […]
Biden’s Climate Agenda Is Contributing To Ballooning Deficit, CBO Says
President Joe Biden's massive climate change policies are contributing to the ballooning federal budget deficit, according to the Congressional Budget Office (CBO). The administration's green spending, Vice President Kamala Harris recently Estimation It costs $1 trillion and contributes to the growing federal deficit. according to In a new CBO report assessing the nation's budget outlook […]
