CBO Finds Trump’s Tariff Plan Could Slash Deficits — But at What Cost? In 2025, President Donald Trump’s aggressive tariff policies have profoundly reshaped the U.S. economic landscape. According to the Congressional Budget Office (CBO), the effective tariff rat…

🚨 New CBO Report Alert!
Trump’s 2025 tariffs could slash the federal deficit by a staggering $4 TRILLION—but at what cost to the economy? Find out the surprising truth! 💰 #Tariffs #Economy #CBOReport

Republican megalaw helps earners with high and middle incomes, hurts poorest, CBO says • New Hampshire Bulletin About 10 million people, mostly Medicaid recipients, will lose access to health insurance and 2.4 million fewer people per month will participate in a federal food aid program under Republicans’ massi...

No Democrats voted for this bill, which is now the law of the land. This certainly does not make America great.
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US Senate passes Trump's landmark mega-bill - Yes Punjab News Senate passes Trump's One Big Beautiful Bill with VP JD Vance’s tie-breaking vote; next step is House approval before the July 4 deadline.

US Senate passes Trump's landmark mega-bill yespunjab.com?p=136940

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Immigration surge cost state, local governments $9 billion in 2023, nonpartisan CBO says WASHINGTON — The unprecedented increase in immigration starting in 2021 brought extra revenue to states and local governments, but the cost of services for those newly arrived migrants was greater, leading to a net cost of $9.2 billion in 2023, according to a report the nonpartisan Congressional Budget Office published Thursday. The roughly 4.3 million immigrants […]

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Trump’s Tax Bill: $2.4 Trillion in New Debt, 11 Million Uninsured—What Could Go Wrong? Trump’s New Tax Bill Could Add $2.4 Trillion to the Deficit and Leave 11 Million More Uninsured, CBO Warns By

Trump’s Tax Plan Adds $2.4 Trillion to Deficit, Millions to Uninsured, Says CBO

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House GOP Pushes Trump's Tax Cuts Bill Despite CBO Report Projecting $3.8 Trillion Deficit Increase | AI News Brew <p>WASHINGTON - House Republicans are pressing forward with a vote on President Donald Trump's multi-trillion-dollar tax breaks package as early as Wednesday, despite a new Congressional Budget Office...

House GOP Pushes Trump's Tax Cuts Bill Despite CBO Report Projecting $3.8 Trillion Deficit Increase
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CBO warns that nearly 4M Americans could lose health coverage if enhanced ACA subsidies expire in 2025. Making them permanent would cost over $350B. Congress faces a crucial decision impacting millions.

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US nuclear force costs projected to soar to $946 billion through 2034, CBO says WASHINGTON (Reuters) - The costs of operating and modernizing America’s nuclear forces through 2034 are projected to soar to $946 billion, 25% higher than a 2023 estimate, a report by the non-partisan Congressional Budget Office said on Thursday. The new projection, however, does not include an 81% cost overrun of the Sentinel, a new intercontinental ballistic missile being developed to replace the Minuteman III, the mainstay of the U.S.-based ICBM force, the report said. Analysts said the massive increase in the costs of running and modernizing the world’s second biggest nuclear arsenal would complicate U.S. President Donald Trump’s pledge to boost the defense budget to $1 trillion in fiscal 2026. Nuclear weapons expenditures are divided between the Pentagon and the Department of Energy, the caretaker of the U.S. arsenal. "The costs of the existing nuclear modernization program are skyrocketing beyond all expectation, said Daryl Kimball, head of the Arms Control Association, an advocacy group. The CBO warned that Congress will need to decide in coming years "what nuclear forces the United States should field in the future and therefore the extent to which the nation will modernize." Trump has yet to lay out his nuclear weapons strategy or name senior officials to oversee that strategy. Moreover, Washington and Moscow have not reopened arms control talks even as the last pact capping deployments of U.S. and Russian strategic forces expires in less than a year. Trump in February said he opposed building new U.S. nuclear weapons and he deplored the high costs of maintaining the arsenal. He also expressed an interest in negotiating an arms control pact with Moscow and Beijing, which is expanding a nuclear arsenal that is smaller than those of the U.S. and Russia. The CBO said that current plans by the Pentagon and the Department of Energy to operate U.S. strategic and tactical nuclear forces and buy new bombers, submarines and ICBMs would cost an estimated $946 billion, or an average of $95 billion a year, through 2034. The 2023 CBO projection was $756 billion over the 2023-2032 period, the report said. The CBO attributed the difference to the higher costs of programs including developing and fielding the Sentinel ICBM, modernizing the Pentagon’s nuclear command, control, communications and early-warning systems and upgrading the DOE’s production facilities, the report said. (This story has been corrected to say ’Minuteman III,’ instead of ’ Trident (NSE:TRIE) III,’ in paragraph 2)

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