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CBO Lowers Debt Impact of Trump's Tax Cut Bill to $2.4 Trillion

CBO Lowers Debt Impact of Trump's Tax Cut Bill to $2.4 Trillion

POLITICS - 6/4/2025

The CBO has revised its estimate for the national debt impact of Trump's tax cut bill, now predicting an addition of $2.4 trillion. This comes after Elon Musk criticized the legislation, stirring debate among Republicans as they prepare for Senate action.

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