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House tax bill to boost deficit by US$2.8 trillion
The House-passed version of Republicans' tax and spending bill would add US$2.8 trillion to US deficits over the next decade, according to new estimates from the Congressional Budget Office (CBO) that incorporate the broader impact the legislation would have on the economy and federal budget.
A new report says Donald Trump's bill may increase USA's debt. The Congressional Budget Office predicts a big rise in ...
Gross customs receipts jumped last month from $6 billion in May 2024 as Trump's tariffs on goods from nearly all trading ...
3don MSN
Ray Dalio, Ken Rogoff, and Niall Ferguson are among those who are worried about a potential meltdown.
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 ...
US customs duties climbed to a record in May, helping shrink the budget deficit for the month, while doubts remain about the ...
The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency's monthly budget ...
Despite an $85 million city deficit, Baltimore Mayor Brandon Scott’s final fiscal 2026 budget found funds for 271 more ...
Milwaukee County Board supervisors say they were blindsided by the deficit and concerned about the effects cuts to bus routes could have on riders.
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