CBO Now Says Trump’s Megabill Will Add $4.1 Trillion to Deficit

$4.1 trillion

“Interest rates will be higher over the next decade because of the GOP’s megabill and drive up borrowing costs even for the federal government, Congress’ nonpartisan scorekeeper predicts in a new report released Monday,” Politico reports. “In a final “dynamic” analysis of the bill President Donald Trump signed into law on July 4, the Congressional Budget Office estimated the measure will increase the federal deficit by $4.1 trillion over a decade.”

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