House tax bill to boost deficit by US$2.8 trillion

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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. Read full story

Date: 19 June, 2025 6:02 am
Source: thestar.com.my

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