Defense Secretary Pete Hegseth
White House press secretary Karoline Leavitt said the CBO has been “historically wrong,” and Senate Majority Leader John Thune said the CBO was “flat wrong” because it underestimated the potential revenue growth from. The CBO last year said receipts were $1.5 trillion, or 5.6% greater than predicted, in large part because of the “burst of inflation” during the COVID-19 pandemic in 2021.
Leavitt also suggested that the CBO’s employees are biased, even though certain budget office workers face strict ethical rules — including restrictions on campaign donations and political activity — to ensure objectivity and impartiality.“When it comes time to make prognostications on economic growth, they’ve always been wrong,” House Majority Leader Steve Scalise, R-La., said at a press conference.Asked later if it’s time to get rid of the CBO, Scalise did not dismiss the idea. “I think it’s very valid to raise these concerns that CBO has missed the problems that come with making false estimates,” Scalise said. “Economic growth has been their Achilles’ heel.”
Alongside the costs of the bill, the CBO had previously estimated that nearly 4 million fewer people would have food stamps each month due to the legislation’s proposed changes toThe bill, called the One Big Beautiful Bill Act after the president’s own catch phrase, is grinding its way through Congress, as the top priority of Republicans, who control both the House and the Senate — and face stiff opposition from Democrats at every step in the process.
Democrats call it Trump’s “big, ugly bill.”
All told, the package seeks to extend the individual income tax breaks that had been approved in 2017 but that will expire in December if Congress fails to act, while adding new ones, includingAuthorities said agents seized about 35 firearms at the home, including short barrel rifles and an MG42 machine gun — a type typically supported with a bipod and which was used by German troops during World War II.
Other seized gear included grenade launchers, Army-issued explosives, body armor, ammunition and ballistic helmets, authorities said.Photos from inside the home showed Nazi paraphernalia, including a red Nazi flag emblazoned with a black swastika.
LONDON (AP) — The trial has started of six men accused of arson at an east London business with links to, with prosecutors saying Wednesday that the evidence against them was “overwhelming.”