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President Donald Trump“Big, beautiful bill” will add 2.4 trillion. To a federal budget deficit over the next decade, Congress’s budget Estimated on Wednesday.
Bill passed through the Republican House Last month, the cost of federal costs by 1.3 trillion will decrease. Dollars, but also see the income drop by 3.7 trillion, reports Last Analysis CBO.
It is expected that the budget package will be further set up in the Senate, where it is already facing the wrap from the Hox deficit, which criticized the bill with concern, this will lead to an explosion of the deficit.
Senator Ron Johnson, Vis. Earlier Wednesday on CNBC “Box for Squawk“So that he does not vote for the bill as it stands, calling it” grotesque “and” immoral. “
Republican senators also face new external pressure Elon MuskFormer Head of Government Government Department in Government Efficiency, or Dodge, an initiative that cut the bill “” “disgusting abomination“
Some GoP legislators, including Sen. Rand Paul And the representative of Thomas Massi, both of the Kentucky, was already on the side of Musk.
Johnson, who repeatedly called on the US to return to the previous pandemic cost level, supported the splitting of the bill into two separate parts.
But this proposal was rejected by Trump calling on GoP to accept its agenda into “one big, beautiful bill” without democratic assistance using the reconciliation process.
Meanwhile, Trump’s allies have been repeatedly conducted against non -partisan CBO assessments, seeking to overcome the agency’s authority.
White House press secretary Caroline Levit said on Tuesday that CBO was “historically wrong.”
Senators face a temporary crunch as Trump noted that he wants a package on his desk until July 4.
Report: This story has been updated to display how Congress’s budget characterizes the gap in income and costs that result from the tax account. CBO states that GAP will lead to a greater annual deficit that will add public debt.