Trump, One Big Beautiful Bill
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President Donald Trump’s “big, beautiful bill” includes more than tax breaks and spending cuts — it also seeks to pour billions of dollars into his mass deportation agenda.
White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.
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Explícame on MSNCongressional Budget Office Says Big Beautiful Bill Adds $4 Trillion to Deficit, Musk Says They're WrongThe debate over federal spending intensifies as the Congressional Budget Office projects a $4 trillion deficit increase from the Big Beautiful Bill. Elon Musk, former head of the Department of Efficiency Governmental Efforts,
New projections from the Congressional Budget Office indicate the House-passed tax and budget bill would lead to 16 million people becoming uninsured, resulting in hospitals and other health care providers shouldering an estimated $36 billion in additional uncompensated care costs by 2034.
While the 1,000-page bill includes spending increases for agriculture-facing programs by $56.6 billion over the next decade, there's one major priority that didn't make it into the House's version.
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
President Donald Trump’s “big, beautiful bill” in Congress includes more than tax breaks and spending cuts — it also seeks to pour billions of dollars into the administration’s mass deportation agenda.
Senate Republicans are not planning drastic changes to the White House’s tax priorities despite talk of stripping them out of President Donald Trump‘s “big, beautiful bill.” Senate Majority Leader John Thune (R-SD) said Tuesday that he expects “no tax on tips” and other exemptions Trump promised on the campaign trail will stay in the megabill,