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CBO projects Republican bill will increase federal deficits by $2.4 trillion over ten years, sparking criticism.
The Congressional Budget Office (CBO), a nonpartisan agency, provides lawmakers with objective budgetary analyses of proposed bills.
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.
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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CBO proyecta que el proyecto de ley republicano aumentará los déficits federales en $2.4 billones en diez años, provocando críticas.