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U.S. Skeptical About Permanent Safe Harbor for GLOBE Tax Framework

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CBO Chief Says Tariff Changes May Boost Deficit $1.1 Trillion

  • By Daniel Flatley

Recent shifts in US tariff policy may add $1.1 trillion to federal budget deficits over a 10-year period, though exact calculations aren’t yet possible, according to the director of the nonpartisan Congressional Budget Office.

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