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US Congress Budget Office Sees Economic Output Falling From Trump Tariffs
WASHINGTON (Reuters) -U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of May 13, while also reducing federal budget deficits by $2.8 trillion over a decade, the non-partisan Congressional Budget Office said on Wednesday.
In an interview, Phill Swagel defended the CBO’s forecasting record as Republicans blast the fiscal scorekeeping agency’s ...
A small government office with some 275 employees has found itself caught in the political crossfire as Congress debates ...
As Senate Republicans go deep into reconciliation bill-drafting mode, Medicare is increasingly coming up as a potential ...
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Lawmakers push forward with budget billElon Musk’s online tirade against Republicans’ tax bill has not changed minds in Congress, according to Majority Leader Steve ...
The Congressional Budget Office estimates the package would add $2.4 trillion to the national deficit over a decade and leave ...
The estimate from the nonpartisan Congressional Budget Office is all but certain to inflame an already intense debate inside ...
WASHINGTON (AP) — President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period ...
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