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flag CBO projects Republican bill will increase federal deficits by $2.4 trillion over ten years, sparking criticism.

flag The Congressional Budget Office (CBO), a nonpartisan agency, provides lawmakers with objective budgetary analyses of proposed bills. flag Recently, it projected that a major Republican bill would raise federal deficits by about $2.4 trillion over a decade, leading to criticism from Republicans. flag Despite these critiques, the CBO plays a crucial role as a counterbalance to the executive branch, offering Congress unbiased budgetary information to inform legislative decisions.

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