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Articles Posted in Legislative History

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Debt Service Effects Derived from H.R. 1, the One Big Beautiful Bill Act

Congressional Budget Office (CBO) Report, June 5, 2025. CBO estimates that debt-service costs under H.R. 1, the One Big Beautiful Bill Act, would total $551 billion over the 2025–2034 period—increasing the bill’s cumulative effect on the deficit to $3.0 trillion. Summary: “CBO responds to a request from Senator Merkley for…

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