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The Latest Breaking News from CBO

The Latest: NATO leaders agree on spending hike, vow to defend each other

NATO leaders agreed on Wednesday on a massive hike in defense spending after pressure from U.S. President Donald Trump, and expressed their “ironclad commitment” to come to each other’s aid if attacked

The Independent UK

10,000 people a year might die under Donald Trump’s rule but don’t worry the billionaires are doing fine

The American Dream, redefined.

We Got This Covered

Republican senators’ proposed Medicaid cuts threaten to send red states ‘backwards’

Advocates fear Senate’s version of Trump’s budget bill could leave millions without healthcare and boost corporations

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's Immigration Crackdown Is Overwhelming ICE Facilities and Running Up Huge Bills

The cost of Trump's immigration crackdown keeps going up.

Reason

‘Nobody’s pushed back on my numbers’: Lone GOP senator revolts against party’s $2.8 trillion deficit-busting megabill

Ron Johnson stands alone against fiscal fantasy.

We Got This Covered

The F-35 Ages Worse Than the Planes It's Meant To Replace

House Republicans' budget would spend billions of dollars on the F-35's successor before the current model is even up to par.

Reason

The 'Big Beautiful Bill' Will Require Even More Borrowing Than Previously Thought

After accounting for the dynamic effects of the Trump-backed tax bill, the CBO concludes it will add $2.8 trillion to the deficit over 10 years.

Reason

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GOP Lawmaker Declares He's 'Not Voting for a Bill That Grows Deficits' in Critique of Trump's 'Big, Beautiful Bill'

A Republican lawmaker went against his party, stating that he will not vote for the "one big, beautiful bill" due to the deficits it will create if passed.

Latin Times

America had open borders until 1924. Racism and corporate greed changed that

The primary justifications for early immigration laws were xenophobia, eugenics, and overt racism. Understanding the history of immigration is essential

The Guardian - US

House tax-and-spending bill and other Trump administration changes could make millions of people lose their health insurance coverage

President Donald Trump has promised not to cut Medicaid many times over the past decade, including in the tax-and-spending legislative package he has made a top priority in his second administration.

The Conversation

Walz and Johnson make misleading claims about bill’s impact on SNAP - Roll Call

Both Democrats and Republicans exaggerate the impact of the bill's cuts on the Supplemental Nutrition Assistance Program.

Roll Call

CBO: House bill funnels wealth to top

The CBO says the bill will provide substantial gains for America's wealthiest while slashing resources for the poor

Salon

CBO: GOP budget bill would take from the poor, give to the rich - Roll Call

Analysis finds reconciliation bill would most benefit high earners and reduce financial resources available to the lowest-income households.

Roll Call

Big changes are being proposed for a US food aid program. Here's a breakdown by the numbers

Big changes are being are being proposed to a food aid program as part of President Donald Trump's tax-cut legislation

The Independent UK

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Roll Call

CBO: Debt limit 'X-date' likely not until mid-August at earliest - Roll Call

In its monthly budget review for May, Treasury altered its estimate to two weeks later than earlier estimates.

International Business Times UK

Trump's Tax-Cut Bill Would Leave 11M More People Uninsured in 10 Years, Bump Federal Deficit by $2.4T

US President Donald Trump's tax cut bill could increase the federal deficit by trillions of dollars and strip 11 million Americans of health insurance coverage, primarily Medicaid, through 2034.

Fortune

'Kill Bill': Elon Musk urges Americans to rebel against president’s policy, but White House says his 'debt slavery' claims are a hoax

The White House said claims that the "One Big Beautiful Bill" will increase national debt are a "hoax."

Reason

The 'Big Beautiful Bill' Will Add $2.4 Trillion to the Deficit

That total will rise to about $3 trillion once the interest costs of more borrowing are included.

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news in one place.

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We Got This Covered

‘One Big Beautiful Bill Act’ gets even uglier as budget office finds higher debt and more Americans losing healthcare

One Big Beautiful Disaster

Reason

Belated Republican Objections to the One Big Beautiful Bill Glide Over Its Blatant Fiscal Irresponsibility

House members who discovered objectionable elements only after voting for the package nevertheless underline the unseemly haste of the legislative process.

Roll Call

Time and voters will determine who is right in current Medicaid fight - Roll Call

Over a year from the 2026 midterms, it's too soon to say if Medicaid changes will prove politically popular or hurt Republicans in Congress.

Roll Call

16 million lose insurance under budget bill, other policies: CBO - Roll Call

Estimate comes as Senate Republicans began conference-wide briefings Wednesday on how they plan to modify the $2.4 trillion House package.

The Independent UK

Budget office warns 10.9 million in U.S. could lose health care under Trump’s ‘big, beautiful bill’

The legislation would also explode the debt by $2.4 trillion and decrease tax revenue by $3.7 trillion over the next 10 years, the audit found.

The Guardian - US

Trump’s tax bill would add $2.4tn to US debt, says non-partisan analysis

The Congressional Budget Office warns Trump’s ‘one big, beautiful bill’ will leave 10.9 million uninsured by 2034

Roll Call

CBO sees lower deficits from tariffs, but with big caveats - Roll Call

The analysis came before federal court decisions on tariffs last week and doesn’t account for potential changes to tariff policy.

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