Tax Bill Deficit Impact

News

Donald Trump, Tax Cut

President Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn.

Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade. Despite those projections,

The Motley Fool on MSN · 2h

President Donald Trump's One, Big, Beautiful Bill Comes With Over $5 Trillion in Tax Cuts -- and Possible Unintended Consequences

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.

The Financial Times · 2h

Donald Trump pressures Republicans to pass ‘big, beautiful’ tax bill

President tells members of congress they will face significant increase in taxes if they fail to pass the legislation

Tax Cut, Republican and border security bill

Soy Aire on MSN · 6d

Republican tax bill could increase federal deficit to 1.5% of GDP

A new analysis by the Committee for a Responsible Federal Budget (CRFB) reveals that the Republican-backed tax bill in the House of Representatives could significantly increase the federal deficit.

Devdiscourse · 1d

Republicans Propel Tax Cut and Security Bill Amid Internal Divisions

Republicans advanced a major tax cut and border security package through a House committee, overcoming internal deficit concerns with minor spending cut modifications. The bill faced opposition due to its potential deficit impact and delayed enforcement of new Medicaid work requirements,

AOL · 2d

Republicans split on US credit downgrade as party's tax bill lingers

Moody's downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill.

18hon MSN

GOP bill could add trillions to the U.S. deficit, some experts say. Here's what to know.

Republican tax bill could cost $3.8 trillion over 10 years as its tax cuts surpass spending reductions, according to one ...

8hon MSN

Trump’s tax cut faces a new snag: America’s debt crisis is back in the spotlight

After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing fingers at each other.

Committee for a Responsible Federal Budget1d

Reconciliation Bill Sets up $4.8 Trillion Fiscal Cliff in 2028

As written, the reconciliation bill being considered in the House of Representatives is set to increase the debt by $3.3 trilli ...

GOP Tax Bill Seen Masking More Than $1 Trillion US Debt Hit (2)

The cost of Republican lawmakers’ draft plan for sweeping tax cutsweighed in at $3.8 trillion over the next 10 years in one ...

1don MSN

Trump’s big bill advances in rare weekend vote as conservative holdouts secure changes

Republicans advanced their massive tax cut and border security package out of a key House committee during a rare Sunday ...

Opinion

Committee for a Responsible Federal Budget7hOpinion

Changes Move Reconciliation Bill in the Wrong Fiscal Direction

The House of Representatives may vote on the reconciliation package, or the “One, Big, Beautiful Bill Act” (OBBBA), this week.

InvestmentNews7d

GOP drafts multi-trillion dollar tax legislation

Republicans have pointed to tariffs as a key source of revenue to help offset the deficit impact from the tax bill, and data out Monday showed customs duties jumped to a record $16 billion in ...

22hon MSN

The Stark Math on the GOP Tax Plan: It Doesn’t Cut the Deficit

House Republicans advanced the bill late Sunday, but budget analysts across the political spectrum warn that the proposal ...

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