Politics
Interest-rate spike would push megabill cost to $2.8T, CBO says in ‘dynamic’ score
The sweeping domestic policy package House Republicans passed last month would increase the U.S. deficit by $2.8 trillion over a decade when considering economic effects, according to Congress’ nonpartisan scorekeeper. That’s above the $2.4 trillion price tag the nonpartisan Congressional Budget Office estimated in a prior analysis that did not factor in how the legislation would change interest rates…
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