Close Menu
Global News HQ
    What's Hot

    Ulla Johnson Resort 2026 Collection

    June 6, 2025

    Selling Your House? Real Estate Pros Say This Easy Chore Can Boost Your Home’s Value

    June 6, 2025

    Why Viasat Stock Floated Higher Today | The Motley Fool

    June 6, 2025
    Recent Posts
    • Ulla Johnson Resort 2026 Collection
    • Selling Your House? Real Estate Pros Say This Easy Chore Can Boost Your Home’s Value
    • Why Viasat Stock Floated Higher Today | The Motley Fool
    • US wants $7.7M in crypto laundered in North Korea IT worker plot
    • Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup
    Facebook X (Twitter) Instagram YouTube TikTok
    Trending
    • Ulla Johnson Resort 2026 Collection
    • Selling Your House? Real Estate Pros Say This Easy Chore Can Boost Your Home’s Value
    • Why Viasat Stock Floated Higher Today | The Motley Fool
    • US wants $7.7M in crypto laundered in North Korea IT worker plot
    • Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup
    • Delta regional jets grounded, flight cancellations expected – The Points Guy
    • How to Organize Kitchen Cabinets: 15 Expert-Backed Tips for a Clutter-Free Kitchen
    • Chef Matty Matheson Teamed up With Gozney on a Limited-Edition Pizza Oven
    Global News HQ
    • Technology & Gadgets
    • Travel & Tourism (Luxury)
    • Health & Wellness (Specialized)
    • Home Improvement & Remodeling
    • Luxury Goods & Services
    • Home
    • Finance & Investment
    • Insurance
    • Legal
    • Real Estate
    • More
      • Cryptocurrency & Blockchain
      • E-commerce & Retail
      • Business & Entrepreneurship
      • Automotive (Car Deals & Maintenance)
    Global News HQ
    Home - Finance & Investment - Trump’s ‘big beautiful bill’ will swell US deficit by $2.4tn, warns fiscal watchdog
    Finance & Investment

    Trump’s ‘big beautiful bill’ will swell US deficit by $2.4tn, warns fiscal watchdog

    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Trump’s ‘big beautiful bill’ will swell US deficit by .4tn, warns fiscal watchdog
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Unlock the White House Watch newsletter for free

    Your guide to what Trump’s second term means for Washington, business and the world

    Donald Trump’s landmark tax bill will add $2.4tn to the US deficit by 2034, the congressional fiscal watchdog has warned, in the latest blow to the president as he seeks to push the legislation through the Senate. 

    The Congressional Budget Office said on Wednesday that the legislation — dubbed the “big beautiful bill” by Trump — would swell the country’s ballooning debt pile despite the administration’s insistence that it would lead to a budget surplus.

    The non-partisan estimate comes a day after billionaire Trump backer Elon Musk slammed the bill as a “disgusting abomination”, arguing that it would undo much of the cost cutting work of his so-called Department of Government Efficiency. 

    The bill narrowly passed the US House of Representatives last month. It faces an uphill battle in the Senate, where Republican fiscal conservatives have expressed concerns over its spending levels.

    The Trump administration has insisted that estimates of its fiscal consequences have failed to take into account the bill’s impact on economic growth.

    Wednesday’s estimate does not include macroeconomic effects, which will be analysed later.

    This is a developing story

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous Article11 Best Foods for Liver Health, According to Research
    Next Article VW Recalls Atlas, Atlas Cross Sport Over Camera Image

    Related Posts

    Why Viasat Stock Floated Higher Today | The Motley Fool

    June 6, 2025

    Donald Trump attacks ‘crazy’ Elon Musk as relationship implodes

    June 6, 2025

    7 Rules Frequent Flyers Swear By

    June 5, 2025

    Yellow Cake: Still Trades At A Substantial Discount To The Long-Term Uranium Price (YLLXF)

    June 5, 2025
    Leave A Reply Cancel Reply

    ads
    Don't Miss
    Luxury Goods & Services
    2 Mins Read

    Ulla Johnson Resort 2026 Collection

    Another New York store is on the way for Ulla Johnson, this one uptown on…

    Selling Your House? Real Estate Pros Say This Easy Chore Can Boost Your Home’s Value

    June 6, 2025

    Why Viasat Stock Floated Higher Today | The Motley Fool

    June 6, 2025

    US wants $7.7M in crypto laundered in North Korea IT worker plot

    June 6, 2025
    Top
    Luxury Goods & Services
    2 Mins Read

    Ulla Johnson Resort 2026 Collection

    Another New York store is on the way for Ulla Johnson, this one uptown on…

    Selling Your House? Real Estate Pros Say This Easy Chore Can Boost Your Home’s Value

    June 6, 2025

    Why Viasat Stock Floated Higher Today | The Motley Fool

    June 6, 2025
    Our Picks
    Luxury Goods & Services
    2 Mins Read

    Ulla Johnson Resort 2026 Collection

    Another New York store is on the way for Ulla Johnson, this one uptown on…

    Home Improvement & Remodeling
    4 Mins Read

    Selling Your House? Real Estate Pros Say This Easy Chore Can Boost Your Home’s Value

    Key Takeaways Power washing the pavement and other key areas can increase your home’s value…

    Pages
    • About Us
    • Contact Us
    • Disclaimer
    • Homepage
    • Privacy Policy
    Facebook X (Twitter) Instagram YouTube TikTok
    • Home
    © 2025 Global News HQ .

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version