What House Republican 'big beautiful' budget bill means for your money
House Republicans advanced a multitrillion-dollar tax and spending package that could have sweeping impacts on household finances.| CNBC
House Republicans advanced a multitrillion-dollar tax and spending package that could have sweeping impacts on household finances.| CNBC
Multiple independent analyses say the recently passed House reconciliation bill -- even with its deep spending cuts in some areas -- would add trillions of dollars to the federal deficit over 10 years. Those analyses contradict Republican lawmakers who have downplayed the net cost of the bill and White House claims that it wouldn't increase the deficit at all.| FactCheck.org
Our preliminary analysis finds the tax provisions increase long-run GDP by 0.8 percent and reduce federal tax revenue by $4.0 trillion from 2025 through 2034 on a conventional basis before added interest costs.| Tax Foundation
