Forecaster says US House version of Trump bill to cost $2.8 trillion despite economic gains

  The nonpartisan U.S. Congressional Budget Office projected on Tuesday that President Donald Trump’s sweeping tax-cut and spending bill would lead to a $2.8 trillion deficit increase over a decade, despite an increase in economic output. The nonpartisan U.S. Congressional Budget Office projected on Tuesday that President Donald Trump’s sweeping tax-cut and spending bill would lead to a $2.8 trillion deficit increase over a decade, despite an increase in economic output.