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Senate GOP Bill: CBO Warns of Over $3 Trillion Debt Hike as Vote Nears

Senate GOP Bill: CBO Warns of Over $3 Trillion Debt Hike as Vote Nears

Senate GOP Bill: CBO Warns of Over $3 Trillion Debt Hike as Vote Nears A comprehensive Senate Republican bill, poised for an imminent vote, is projected to add over $3 trillion to the national debt, according to a recent analysis by the Congressional Budget Office (CBO). This sweeping legislation includes hundreds of provisions, notably extended and expanded tax cuts alongside significant reductions to crucial programs such as Medicaid and food benefits. The CBO’s detailed 10-year budget assessment, released Sunday, provides…

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