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Bad Policies: General
Senate bill increases deficit by $3.1 T while slowing growth
We estimate the Senate-passed reconciliation bill increases primary deficits by $3.1 trillion over 10 years. The dynamic cost, including changes to the economy, is larger at $3.5 trillion. GDP falls by 0.3 in 10 years and falls by 4.6 in 30 years.
(budgetmodel.wharton.upenn.edu)