Tariffs are Expected to Cut the Deficit by $4 Trillion by 2035 – Trump Reacts
The Pro Trump News homepage updates with 60 new headlines each day. The Congressional Budget Office (CBO) now estimates that tariffs could lead to a $4 trillion reduction in the deficit over the next decade. This is an increase of $1 trillion compared to their June forecasts. According to a report: CBO Director Philip Swagel […]
CBO estimates that extending temporary tax cuts would increase the deficit by $5 trillion.
Impact of Tax Credit Extensions on Federal Deficit The Congressional Budget Office (CBO) has reported to Senator Jeff Merkley (D-OR), who serves as the ranking member of the Senate Budget Committee, that one significant legislative measure, which represents the cornerstone of President Trump’s domestic policy, could potentially increase the deficit by $5 trillion over the […]
Rockies rally from a nine-run deficit to defeat Pirates in an exciting game
Rockies and Pirates Engage in Historic Showdown The Colorado Rockies faced off against the Pittsburgh Pirates in what turned out to be a thrilling game at Coors Field on Friday. The Rockies staged an incredible comeback to win 17-16, after trailing 9-0 at one point in the first inning. The Pirates took an early lead, […]
Final tally of GOP megabill: $3.4 trillion deficit and 10 million losing health insurance, according to CBO
Congressional budget experts released their final assessment on Monday regarding how President Trump’s major legislative efforts will impact the national debt and American households. According to the forecast, the recently signed Mega Building law is expected to raise the federal deficit by $3.4 trillion over the next decade, with predictions that around 10 million individuals […]
Bitcoin is rising due to worries about the US deficit, not excitement: Analyst
Bitcoin as a Defense Against Financial Crisis Bitcoin is increasingly viewed as a significant safeguard against the impending financial crisis in the U.S., similar to gold. Analysts suggest it may be a key factor behind the ongoing price rally. Recently, Bitcoin (BTC) crossed the $121,000 mark, but it’s important to note that “this rally isn’t […]
Harvard May Encounter a Billion-Dollar Budget Deficit Due to Conflict with the Trump Administration
Harvard’s Potential Budget Crisis with Trump Administration Harvard University, recognized as the oldest and wealthiest institution of higher education in the United States, may face a staggering budget shortfall of around $1 billion annually if it loses its ongoing conflict with the Trump administration, according to a recent analysis. This potential financial hit stems from […]
Senate Republicans choose not to discuss with the parliamentarian about Trump tax cuts and their impact on the deficit.
Senate Democrats have made several attempts to connect with their Republican colleagues in order to clarify a central question: would extending Trump’s 2017 tax cuts contribute to a future federal deficit? They claim that Republicans have entirely dismissed this discussion up to now. The ongoing partisan clash surrounding the budgetary implications of solidifying Trump’s tax […]
California reduces healthcare access for undocumented immigrants, addressing a $12 billion deficit.
California Governor Signs Budget with Progressive Expansions On Friday, California Governor Gavin Newsom approved a budget that includes notable progressive measures, particularly an expansion of healthcare for low-income undocumented immigrants, all while addressing a $12 billion deficit. This marks the third consecutive year that the most populous state has had to make cuts and halt […]
Trump administration disputes CBO deficit estimates for tax bill
Trump Administration Challenges CBO Estimates on Economic Bill Officials in the Trump administration are disputing the Congressional Budget Office’s (CBO) projections regarding what has been termed “one big beautiful bill,” suggesting that the CBO’s scoring does not fully capture the economic growth that the legislation might generate, leading to an inflated estimate of the budget […]
White House intensifies efforts for the Big Beautiful Bill, expects a reduction in deficit of over $2 trillion
The Trump administration asserted on Wednesday that the Senate’s One Big Beautiful Bill Act could potentially reduce the federal deficit between $2.1 trillion and $2.3 trillion over the next ten years, attributing this to economic growth spurred by tax incentives. Members of the White House Economic Advisors Council (CEA) based this claim on a recent […]