News list for " economic output"

The nonpartisan U.S. Congressional Budget Office (CBO) projected Tuesday that President Trump's sweeping tax cut and spending bill would result in a $2.80 trillion increase in deficits over 10 years, despite increased economic output. Senate Republicans are considering a revised version of the bill, and the budget watchdog released a dynamic analysis of the version of the bill passed by the House in May. The CBO said the tax provisions of the bill would make real...

2025-06-17 20:49:51