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Congressional Budget Office: Senate version of "Big and Beautiful" bill will increase debt by $3.30 trillion

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2025-06-29 15:35:50
According to CCTV coverage, on June 29 local time, the US Congressional Budget Office said that the Senate version of the "Big and Beautiful" large-scale tax and spending bill will increase the US debt by $3.30 trillion in the next decade. With Trump's strong support, the "Big and Beautiful" bill passed the House of Representatives by one vote on May 22, and passed the Senate procedural vote by a narrow margin on June 28, stumbling all the way. And in order to pass the bill in the Senate, lawmakers have revised the provisions, and the changed parts have to go back to the House of Representatives for another round after the Senate vote.
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