Trump tax bill would widen deficits by $2.8T after factoring in economic impacts, CBO says
- Posted on June 17, 2025
- By Star Tribune
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Trump tax bill would widen deficits by $2.8T after factoring in economic impacts, CBO says
President Donald Trump's tax and budget bill would increase deficits by $2.8 trillion over the next decade after including other economic effects, according to a more fulsome analysis of the measure released Tuesday by the Congressional Budget Office.