CBO: Bipartisan infrastructure plan will add $256 billion to projected deficits over the next decade
CNN
The bipartisan infrastructure plan making its way through the Senate will "add $256 billion to projected deficits" between 2021 and 2031, a report from the Congressional Budget Office released Thursday found.
"The Congressional Budget Office estimates that over the 2021-2031 period, enacting Senate Amendment 2137 to H.R. 3684 would decrease direct spending by $110 billion, increase revenues by $50 billion, and increase discretionary spending by $415 billion," the report said. "On net, the legislation would add $256 billion to projected deficits over that period." While the plan has bipartisan support in the Senate, some lawmakers had cited the need for a CBO score before deciding whether to support the measure. It's unclear how or if Thursday's report will sway members of Congress who are still making up their minds.Senate Democrats have confirmed some of President Joe Biden’s picks for the federal bench this week in the face of President-elect Donald Trump’s calls for a total GOP blockade of judicial nominations – in part because several Republicans involved with the Trump transition process have been missing votes.
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.