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CBO Sees Infrastructure Bill Widening Budget Gap by $256 Billion

Aug. 5, 2021, 8:44 PM

The bipartisan U.S. infrastructure bill would add $256 billion to the federal budget deficit over a decade, the Congressional Budget Office said Thursday, differing from lawmakers’ contention that the spending would be fully paid for by a smorgasbord of funding measures.

The CBO’s release of its so-called score of the $550 billion infrastructure bill is a much-anticipated milestone as senators seek to advance the legislation ahead of Congress’s August recess. The infrastructure spending forms a key part of President Joe Biden’s economic policy and is expected to be followed by a $3.5 trillion, Democrats-only economic package that includes climate ...