Physical Address

304 North Cardinal St.
Dorchester Center, MA 02124

Donald Trump’s ‘Great Beautiful Bill’ will close $ 2.4 billion in US debt, warns the financial guard


Unlock Watch Bulletin Free from White House

Donald Trump’s significant tax bill will add $ 2.4 billion to $ 2.4 billion by 2034, Congress fiscal Watchdog warned the president in his final strikes because he tried to push the legislation through the Senate.

The Congress’s budget department said on Wednesday that he was named “Great beautiful Bill” – “Big Nazi Bill” – will extend the budget deficit, although the department will be refuted.

Non-Partizan estimate, after a day after a day after the billionaire Trump, the Elon Musk account attacked an account “disgusting disgust“By claiming that the so-called government efficiency department will return most of the cost cutting.

The growing US debt burden was excited at Wall Street. The Treasury Bond Market has decreased today in 2008 to $ 29,000 from $ 29 million in 2008 to $ 20 million and expenses.

JPMorgan Chase Executive Jamie Dimon warned that the bond market will be last week “Crack” If the country does not get a more durable way.

The bill provides health to healthy and disabled Americans, including the president in 2017, the President presented in 2017 and social programs, including social programs. The debt will also lift the ceiling or the government’s debt will be limited to $ 5TN.

CBO, on Wednesday, the legislation is $ 3.75 billion in tax revenues, the number of people with no health insurance amounted to 10.9 mln.

The bill passed through the house of the United States, which was under the control of the Republic last month. The Senate faces a battle that several republican financial conservatives expressed their concerns about the size of the bill and others are facing an alarm with the alarm.

Trump insisted that the Congress passed to the law to join the law until July 4.

The President’s Republican Party controls the Senate with a margin of 53-47, ie if the bill crosses the upper congress by a simple cluster, it allows you to lose the support of three senators.

Trump management insisted that the bill will increase economic growth and tariff revenues, and it was not reflected in the assessment of the financial impact. CBO analysis on Wednesday, the next report does not include macroeconomic effects.

Tuesday, White House spokesman Karolin Leavittin CBO “History is wrong” and accused the bias against Republicans, he said.

“Unfortunately, this is a partisan and politics, and this is very confident in its economic analysis of this bill. There is $ 1.6TN in the savings.” Said Leavitt.

Democrats rushed to approach the analysis of Wednesday. “The project of this bill was worse than bad,” said the Senate Finance Committee is the best democrat.

“If the Senate Republicans think that this bill is the right direction of the American, they are obliged to ensure that they do not know what to do in society before we know what to do in society.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *