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Tag: government spending cuts

US News

July 22, 2025July 22, 20255 min read Editor

Trump tax law runs up deficit by $3.4T, throws 10 million off health insurance, CBO says

By Jennifer Shutt, WASHINGTON — Republicans’ “big, beautiful” law will add $3.394 trillion to deficits during the next decade and lead 10 million people to

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$3.4 trillion deficit, 10 million uninsured, ACA subsidy cuts, Affordable Care Act, budget transparency, CBO, CBO deficit projection, clean energy tax credit rollback, Committee for a Responsible Federal Budget, Congressional Budget Office, deficits, federal deficit increase, food assistance cuts, government spending cuts, Iowa Capital Dispatch, Medicaid work requirements, midterm elections healthcare debate, nonpartisan fiscal analysis, Obamacare, One Big Beautiful Bill Act, President Trump, Republican budget plan, rural hospital funding, Senate Democratic leader Chuck Schumer, Trump tax law, wealth transfer rich to poorLeave a Comment on Trump tax law runs up deficit by $3.4T, throws 10 million off health insurance, CBO says

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