Catenaa, Wednesday, June 04, 2025– President Donald Trump’s Big Beautiful Bill will cut taxes by $3.75 trillion and increase the deficit by $2.4 trillion over the next decade, the Congressional Budget Office(CBO) said on Wednesday. According to the nonpartisan CBO, the number of people without health insurance is projected to increase by 10.9 million under […]

Catenaa, Tuesday, July 22, 2025- US President Donald Trump’s enacted One Big Beautiful Bill will add $3.4 trillion to US deficits over a decade and leave millions without health care coverage, the Congressional Budget Office said. The CBO analysis released on Monday showed a $4.5 trillion decrease in revenues and a $1.1 trillion decline in […]

Catenaa, Wednesday, August 20, 2025- US budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office, a budget watchdog said on Wednesday. The Committee for a Responsible Federal Budget’s latest forecasts show a cumulative deficit of $22.7 trillion from fiscal 2026 to 2035, compared […]