Trump Tax Package Would add 3.3T to debt. CBO finds
The Congressional Budget Office announced Sunday that the Senate version of President Donald Trump's sweeping tax and spending package would add $3.3 trillion to the nation's debt over the next decade, as Republican lawmakers prepare for final passage following a dramatic late-night procedural vote.
The nonpartisan analysis comes just hours after Senate Republicans narrowly advanced the legislation in a 51-49 vote that stretched past midnight Saturday, with Vice President JD Vance standing by to break any potential tie. The updated fiscal projection reflects the Senate's revised 940-page bill, which underwent last-minute changes that increased its projected cost to $4.45 trillion, up more than $200 billion from an earlier draft.
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