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Congressional Budget Office Updates Baseline: Deficit Spending is 27 Percent Higher Than Previously Estimated
June 19, 2024
WASHINGTON, June 19 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on June 18, 2024:

Today, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2024-2034. This is an update to its February baseline. CBO's report helps Congress understand the fiscal and economic challenges facing the country.

House Budget Committee Chairman Jodey Arrington (R-TX) released the fol . . .

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