CBO Boosts US Deficit Call by $1.4 Trillion on Trump Policies

The Congressional Budget Office on Wednesday warned yet again that the US is on an unsustainable fiscal path, jacking up its estimate of deficits for the coming decade by $1.4...

By Jarrell Dillard · Bloomberg

The Congressional Budget Office on Wednesday warned yet again that the US is on an unsustainable fiscal path, jacking up its estimate of deficits for the coming decade by $1.4 trillion thanks in part to President Donald Trump’s 2025 tax law and immigration policies.