CBO: Trump Law Will Add $3.4 Trillion to Deficit, Boot 10 Million Off Health Insurance

Economy And Jobs,Banking And Finance,Taxes,Healthcare,National Debt

Posted on AllSides July 22, 2025

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A nonpartisan federal agency estimated Monday that the Republican megabill signed into law by U.S. President Donald Trump on July 4 will add $3.4 trillion to the national deficit and cause at least 10 million people to lose health insurance over the next decade.

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