Extending Trump’s tax cuts would cost US trillions of dollars in new forecast 

The Congressional Budget Office (CBO) projected in a new report that the extension of tax cuts passed as part of former President Trump’s signature 2017 tax law could add trillions of dollars to the nation’s deficits over roughly the next decade. 

Citing numbers from the Joint Committee on Taxation, the CBO said Wednesday that the extension of the act’s expiring income tax provisions could add a net $3.3 trillion to the nation’s primary deficits over the 2025-2034 period.

“Most...