US EditionAdministration aggressively defends Trump budget bill, says it won’t add to deficit
- The House narrowly passed President Trump's 'big, beautiful bill' to extend and expand tax cuts on May 2025, amid ongoing Senate opposition and debate in Washington, D.C.
- The legislation builds on the 2017 Tax Cuts and Jobs Act, which allowed Americans to keep more income, but faces criticism over deficit impact amid disputed CBO forecasts.
- Advancing American Freedom, an advocacy group established by ex-Vice President Mike Pence, distributed a memo criticizing the CBO's deficit forecasts as highly inaccurate and encouraged Congress to disregard those estimates.
- The CBO initially estimated that the tax components of President Trump’s legislation would increase the national debt by $3.8 trillion; however, from 2018 to 2024, actual revenues surpassed these forecasts by $1.5 trillion, a discrepancy largely attributed to inaccurate inflation assumptions.
- The bill's future hinges on Senate approval, with fiscal conservatives demanding larger spending cuts and skeptics warning the tax cuts may worsen deficits despite claims of over $1.6 trillion savings.
42 Articles
42 Articles
Nebraska Examiner
Trump sends detailed budget request cutting spending by $163 billion to Congress
Agriculture Secretary Brooke Rollins, U.S. President Donald Trump, Health and Human Services Secretary Robert F. Kennedy Jr. and Education Secretary Linda McMahon attend an event for the Make America Healthy Again Commission report in the East Room of the White House on May 22, 2025 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)WASHINGTON — The Trump administration released significantly more detail about its budget request Friday…
Russ Vought dropped one jaw-dropping detail about Trump's budget that left Democrats scrambling - Political Animal News
The Trump administration is moving at breakneck speed to deliver on campaign promises. Democrats thought they could slow down the agenda with their usual obstruction tactics. But Russ Vought dropped one jaw-dropping detail about Trump’s budget that left Democrats scrambling. Trump’s OMB Director unveils historic spending cuts Office of Management and Budget Director Russ Vought […]
'Absurd!' Trump rants against 'strictly nonpartisan' Congressional Budget Office
President Donald Trump railed against the Congressional Budget Office's predictions about growth over the next decade, calling their efforts "absurd" in a Truth Social rant on Friday."The Democrat inspired and 'controlled' Congressional Budget Office (CBO) purposefully gave us an EXTREMELY LOW level...
Colorado Springs Gazette
Pence group AAF tells Hill Republicans to ignore ‘wildly inaccurate’ CBO
EXCLUSIVE – Advancing American Freedom, the advocacy group founded by former Vice President Mike Pence, is urging lawmakers to ignore the Congressional Budget Office‘s deficit projections as Republicans advance their tax agenda on Capitol Hill. In a memo circulated to…
Trump’s Big Beautiful Bill Won’t Add to Deficit, White House Says - American Faith
The White House is pushing back hard on claims that President Donald Trump’s One Big Beautiful Bill will add over $4 trillion to the federal deficit. White House Press Secretary Karoline Leavitt called the Congressional Budget Office’s (CBO) projections “shoddy” and “anemic,” arguing they fail to account for the pro-growth effects of Trump’s economic agenda. Leavitt criticized the CBO’s long-term growth assumptions, saying they rely on outdated …
Watauga Democrat
Administration aggressively defends Trump budget bill, says it won’t add to deficit
(The Center Square) – The White House is rejecting claims that the current budget bill adds over $4 trillion to the federal deficit, saying those are based on “shoddy assumptions” from the Congressional Budget Office.
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