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CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended
The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter ...
Potential NIH and FDA cuts could lower the number of new drugs that come to market in the next three decades, according to a ...
Trump’s spending bill will cut aid for low-income families, costing most $1,200 yearly, while boosting wealthy incomes by $13 ...
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CBO says Medicaid and SNAP cuts hit poor as tax breaks favor wealthy
The CBO reports recent laws cut Medicaid and SNAP for low-income families while giving tax breaks to the wealthy, widening ...
Some 2.4 million fewer Americans, including families with children, are forecast to receive food stamps benefits in an ...
Attorney General Pam Bondi says the man who threw a sandwich at a U.S. Customs and Border Protection agent in Washington, D.C ...
The CBO’s Friday estimate tracks with the nonpartisan Penn Wharton Budget Model, which estimated last month that the social spending plan could cost $3.9 trillion over the next decade if the new ...
The CBO is an independent, nonpartisan office that analyzes the budgetary impact of proposed legislation. It was created by Congress in 1974 and operates by rules and regulations set by the House ...
The Republicans’ “big, beautiful bill” will make the poorest Americans even poorer, while padding the wallets of the highest earners the most, according to an analysis released Monday by ...
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