H.R. 1, One Big Beautiful Bill Act
CBO Dynamic Estimate: “The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over the 2025-2034 period. That estimate reflects a $3.7 …