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$1 Trillion Infrastructure Bill Would Add $256B To U.s. Deficit In 10 Years, Cbo Estimates

by forbes.com posted 1month ago 13 views
The Senate is hoping to finalize its infrastructure bill by Saturday. : The Congressional Budget Office released a report Thursday estimating the nearly $1 trillion proposal would add $256 billion to the nation's budget deficit over the next 10 years, meaning nearly half of the package's proposed new spending could end up tacked on to the nation's growing debt load despite calls to raise funds entirely through increased revenues, reallocated funds and spending cuts. Senator Bill Cassidy, a Republican from Louisiana, before the Senate's second procedural vote on the ... [+] $550 billion bipartisan infrastructure bill.

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