US debates Trump's tax cut bill that could add $3.3 trillion to the nation's debt

  • Posted on June 30, 2025
  • By Business News Today
  • 3 Views
US debates Trump's tax cut bill that could add $3.3 trillion to the nation's debt

Senate Republicans advanced President Trump's tax and spending bill amidst controversy. The Congressional Budget Office estimates it will add $3.3 trillion to the national debt, exceeding the House version's impact. Democrats criticize the bill's accounting methods and potential cuts to social programs. Senator Tillis faced Trump's ire for opposing the bill, highlighting Republican divisions.
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