Trump spending bill to cut taxes by $3.7T, add $2.4T to deficit, CBO says

foxbusiness.com/economy/trump-spending-bill-cut-taxes-3-7t-add-2-4t-deficit-cbo-says

President Donald Trump's "Big, Beautiful Bill" would cut taxes by $3.7 trillion while adding $2.4 trillion to the national debt, the Congressional Budget Office says.
The CBO released its report on Trump's bill on Wednesday. The report also estimates that it would create an additional…

This story appeared on foxbusiness.com, 2025-06-04 14:45:05.
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