Trump's sweeping bill to cut taxes by $3.75 trillion but will burden millions of Americans. Check details

  • Posted on June 4, 2025
  • By Business News Today
  • 4 Views
Trump's sweeping bill to cut taxes by $3.75 trillion but will burden millions of Americans. Check details

The Congressional Budget Office projected President Trump's tax bill will cut taxes by $3.7 trillion while increasing the deficit by $2.4 trillion over ten years, also causing millions to lose health insurance. The estimate comes as Trump and other Republicans have ramped up attacks on the nonpartisan budget scorekeeper, while claiming the proposed tax cuts are costless.
continue reading...

Author
Business News Today

You May Also Like