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

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

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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 projected deficits by about $1.5 trillion over the next decade. The nonpartisan budget scorekeeper estimated in a letter to congressional leaders on Tuesday that…

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