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  • Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP

Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP

By TRENDINGGOV/POLITICSJan 17, 2025
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As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast.

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