Watchdog: US Budget Deficit Forecast $1T Higher Next Decade

U.S. federal budget deficits will be nearly $1 trillion higher over the next decade than projected in January by the Congressional Budget Office as a result of tax and spending legislation and tariffs, a budget watchdog said on Wednesday.

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https://www.newsmax.com/finance/economy/deficit-debt-budget/2025/08/20/id/1223205