Episode 371
(The Center Square) – Despite the White House’s assertions that the One Big Beautiful Bill Act will not add to the federal debt or deficit, four independent budget watchdogs agree that debt growth will accelerate and reach over $50 trillion by 2034, if the policy megabill becomes law. As emphasized Friday by the Peter G. Peterson Foundation, the Budget Lab at Yale predicts $52.3 trillion, the Congressional Budget Office predicts $52.4 trillion, the Tax Foundation predicts $52.8 trillion, and the Penn Wharton Budget Model predicts $56.3 trillion as the national debt number a decade from now.
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Full story: https://www.thecentersquare.com/national/article_ed152061-1ef3-4f3c-906d-dca9690ee42c.html
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Published on 6 months, 2 weeks ago
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