House Reconciliation Bill Would Increase the National Debt by More Than Any Other Recent Legislation
As of 6/5/2025
The House recently passed the largest reconciliation bill ever, and it is now under consideration in the Senate. The Congressional Budget Office estimates that the bill would add $2.4 trillion (excluding interest) to the national debt over 10 years. That total would far exceed the cost of several other significant pieces of legislation enacted over the past several years, including the 2017 Tax Cuts and Jobs Act, 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act, 2021 American Rescue Plan, and 2021 Bipartisan Infrastructure Law. Follow link to read more from the Peter G. Peterson Foundation. https://bit.ly/4jV9sAV