Policy · 116th Congress
CBO: Trump budget would cut trillions less from deficits
As a result, CBO projects a cumulative deficit from 2026 to 2030 that is $4.3 trillion larger than the Administration’s estimate,” the report says.
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As a result, CBO projects a cumulative deficit from 2026 to 2030 that is $4.3 trillion larger than the Administration’s estimate,” the report says.
Likewise, Medicare trustees said their Hospital Insurance Trust Fund will be depleted by 2026 when it will be able to cover just 89 percent of its obligations, a figure that is projected to drop to 77