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Republican senate tax bill would add $3.3 trillion to the US debt load, CBO says


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Senate Majority Leader John Thune, R-S.D., joined at left by Sen. John Barrasso, R-Wyo., the GOP whip, speaks to reporters following closed-door party meetings at the Capitol in Washington, Tuesday, June 17, 2025. (AP Photo/J. Scott Applewhite)

The changes made to President Donald Trump's big tax bill in the Senate would pile trillions onto the nation's debt load while resulting in even steeper losses in health care coverage, the nonpartisan Congressional Budget Office said in a new analysis.


Originally published at Associated Press

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