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Senate Version of GOP Megabill Will Increase US Debt by $3.3 Trillion, CBO Projects

by The Epoch Times
June 30, 2025
in Aggregated, News
Capitol

(The Epoch Times)—The latest version of the budget bill that the Senate is considering will add trillions to the national debt, the Congressional Budget Office (CBO) said in an analysis posted on June 29.

The CBO estimates that the Senate version of the Republican-led One Big Beautiful Bill Act will increase the deficit by almost $3.3 trillion from 2025 to 2034.

This is a nearly $1 trillion increase from the House-passed version of the bill, which the CBO had initially estimated would add $2.4 trillion to the national debt by 2034, before raising that projection to $2.8 trillion just two weeks later.

The increased estimate reflects some of the changes to the bill as Senate Republicans look to pass the legislation—a critical effort to advance President Donald Trump’s agenda—ahead of his July 4 deadline.

In addition to the increase in the impacts on the national debt, CBO’s latest analysis found that 11.8 million more Americans would lose their medical insurance by 2034 if the bill becomes law. This is an increase from the 10.9 million who were projected to lose their health coverage in the House-passed version of the bill.

  • Read More: theepochtimes.com





At Last, a Company With Integrity in the Gold IRA Industry

For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.

I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.

After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:

  • Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
  • Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
  • No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.

Reach out to Augusta Precious Metals to learn more about protecting your wealth and retirement with physical precious metals.

Tags: CBOThe Epoch Times
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