The Headlines – Trump’s tax bill to widen deficit by $2.4 trillion, increase uninsured by nearly 11 million, says CBO

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The Headlines – Trump’s tax bill to widen deficit by .4 trillion, increase uninsured by nearly 11 million, says CBO

The Congressional Budget Office (CBO) projects that President Trump’s tax and spending bill will cut taxes by $3.75 trillion while increasing federal deficits by $2.4 trillion over the next decade. It also estimates that millions will lose health insurance, and federal outlays will decrease.

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