Factbox-CBO estimate leaves U.S. budget shortfall for infrastructure bill backers

Published by
Reuters

WASHINGTON (Reuters) -The U.S. Congressional Budget Office on Thursday issued its long-awaited judgment that a $1 trillion infrastructure bill being debated in the U.S. Senate will be far from fully paid for, boosting U.S. budget deficits by $256 billion over a decade. But the non-partisan budget referee agency did not count everything that the bill’s backers had hoped for, leaving a budget hole of more than $300 billion for the bill’s backers to explain. Here are some of the key differences between “pay for” provisions listed in summaries of the bill circulated by Senate offices and the CBO’s…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *