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Congressional Budget Office

Medicare could see deep cuts through 2034 under the Statutory Pay-As-You-Go Act of 2010 after the One Big Beautiful Bill Act was passed on July 4, according to an Aug. 15 Congressional Budget Office letter. The S-PAYGO Act, enacted under…

The One Big Beautiful Bill Act that President Donald Trump signed into law on July 4 is expected to add $3.4 trillion to the national debt from 2025 to 2034, according to a July 21 report from the Congressional Budget…

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