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CBO finds Biden-McCarthy debt limit deal could reduce spending by $1.5T over decade

Por: The Hill Politics June 01, 2023

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The Congressional Budget Office (CBO) on Tuesday said the debt ceiling deal negotiated by the White House and House GOP leaders could reduce projected deficits by about $1.5 trillion over the next decade. The nonpartisan budget scorekeeper to congressional leaders Tuesday that proposed spending limits for 2024 and 2025 would trim nearly $1.5 trillion from projected federal budget deficits from 2023 to 2033. By contrast, the letter also estimated... + full article



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