House tax bill boosts deficit $2.8T, CBO analysis shows
Accounting Today
JUNE 18, 2025
Oliver Contreras/Bloomberg The House-passed version of Republicans tax and spending bill would add $2.8 In a release Tuesday, the nonpartisan CBO said that higher interest rates from the bill would add $441 billion to deficits over a decade. Independent analysis has also indicated the bill will add to federal borrowing.
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