The latest Congressional Budget Office (CBO) report disclosed that President Trump’s “One Big Beautiful Bill Act” would add $2.4 trillion to federal deficits over the next decade, but Trump said this analysis is wrong.
The CBO’s analysis released claims President Trump’s comprehensive tax and immigration bill would decrease federal spending by $1.3 trillion while causing a $3.7 trillion drop in revenues.
However, House Majority Leader Steve Scalise (R-LA) immediately challenged these figures, highlighting the CBO’s notorious track record of inaccurate economic growth predictions.
“When it comes time to make prognostications on economic growth, they’ve always been wrong,” Scalise pointed out, reminding Americans that similar dire predictions about Trump’s 2017 tax cuts proved completely false.
The bill, which narrowly passed the House in May, contains critical components of President Trump’s America First agenda.
These include extending the successful 2017 tax cuts for individuals, eliminating taxes on tips for hardworking service industry employees, and providing $350 billion for desperately needed border security and deportations of illegal aliens.
While Democrats predictably attack these common-sense provisions, they conveniently ignore how Trump’s economic policies previously created record-low unemployment and wage growth before the pandemic.
White House budget director Russell Vought forcefully resisted the CBO’s flawed analysis.
He emphasized that the legislation “includes $1.7 trillion in mandatory savings, the most in history. If you care about deficits and debt, this bill dramatically improves the fiscal picture.”
Unlike the Democrats’ reckless spending on illegal aliens and foreign wars, the GOP plan actually addresses America’s fiscal challenges while prioritizing citizens.
The bill also introduces sensible work requirements for government assistance programs that have fostered dependency for generations.
While some fiscally conservative Republican senators like Ron Johnson and Rand Paul have expressed reservations about certain aspects of the bill, President Trump continues pushing for its passage by July 4th.
This timeline would ensure that Americans can immediately benefit from tax relief and enhanced national security.
The legislation faces challenges in the Senate, where Democrats continue obstructing Trump’s agenda despite overwhelming evidence that their policies have increased inflation, weakened border security, and damaged American prosperity.
The Democrats’ primary criticisms of the bill reveal their true priorities.
Senate Minority Leader Chuck Schumer complained about the bill’s changes to government healthcare programs, falsely claiming, “They just want to strangle health care.”
This typical liberal fear-mongering ignores how the free market consistently delivers better healthcare outcomes than government bureaucracies.
Meanwhile, Democrats remain silent on the astronomical costs of their open borders policies and wasteful foreign aid packages that siphon billions from hardworking American taxpayers.
As debates over the bill continue, one fact remains clear: President Trump’s economic approach has historically delivered prosperity for all Americans while Washington bureaucrats’ projections have repeatedly failed.
The “One Big Beautiful Bill Act” represents a stark choice between two visions – Trump’s America First policies focused on citizens’ prosperity versus Democrats’ reckless spending benefiting illegal aliens and global interests.
