[zxcasdqwe111]

#Medicaid #SNAP
#Medicaid #SNAP
#Medicaid #SNAP

When Congress doesn¡¯t pay for new tax cuts or new spending in a law, the Treasury Department has to issue additional debt to cover the difference. The U.S. government then incurs interest costs on that new debt.

Using CBO rules of thumb, BPC estimates the additional debt required from OBBB will add over $700 billion in interest expense to the law¡¯s budgetary effects, meaning that with interest, it will cost more than $4.1 trillion from FY2025-2034. (CBO projected the 2012 law making the Bush tax cuts permanent would add around $600 billion in interest expense.) #Unbelievable

Making the temporary tax cuts in the law permanent¡ªwhich would cost around $800 billion from FY2025-2034¡ªcould raise the cost of the bill to around $5 trillion with interest.
bipartisanpolicy.org/e...bill-cost/