Americans to See Net Gains Under GOP Budget Bill but Deficit Would Rise by $3.8 Trillion: CBO

CBO says the GOP-led budget reconciliation bill would boost resources for U.S. households—at the cost of widening deficits and uneven impacts. The Congressional Budget Office (CBO) estimates that the One Big Beautiful Bill Act—the GOP-backed reconciliation package—would lead to a net increase in resources to households nationwide over the next decade, but at the cost