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GOP Megabill Could Add $4.1 Trillion to Deficit Over Next Decade, Says New CBO Analysis

Summary
The director of the Congressional Budget Office wrote a letter to the senior Democrat on the Senate Budget Committee on Monday explaining that President Donald Trump’s One Big Beautiful Bill Act will actually add over $4 trillion to the deficit, some $700 billion more than previously estimated.

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Bias Distribution

  • 57% of the sources lean Left
57% Left

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Political Wire broke the news in New York, United States on Monday, August 4, 2025.
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