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Idaho’s projected budget deficit does not include impact of ‘One Big Beautiful Bill Act’

by CLARK CORBIN/Idaho Capital Sun
| August 26, 2025 12:15 PM

A new budget report that shows Idaho is projecting an $80 million budget deficit does not factor in the costs of conforming to federal tax changes in Congress’ One Big Beautiful Bill Act, state budget officials said Monday.

One outside estimate indicates federal tax conformity could cost the state of Idaho another $167 million that is not calculated into the projected $80 million budget deficit. 

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