CBO estimates that Public Law 119-21 will raise debt-service costs by $718 billion over the 2025–2034 period and increase the cumulative effect on the deficit to $4. 1 trillion.
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Effects on Deficits and the Debt of Public Law 119-21 and of Making Certain Tax Policies in the Act Permanent

CBO estimates that Public Law 119-21 will raise debt-service costs by $718 billion over the 2025–2034 period and increase the cumulative effect on the deficit to $4.1 trillion.

    

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