Republican Tax Plan Could Add $3.3 Trillion to US Debt
Source: Republican Senate tax bill would add $3.3 trillion to the US debt load, CBO says (2025-06-30)
The Congressional Budget Office (CBO) reports that the Republican Senate tax bill would increase the US debt by $3.3 trillion. This significant rise raises concerns about the long-term fiscal impact of the proposed legislation. Amid global conflicts and domestic debates, the report highlights the potential economic consequences of the tax plan. As tensions in regions like Gaza and Ukraine continue, the focus remains on how policy decisions at home could shape the country's financial future.