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Summers: No economist ‘without a strong political agenda’ says Trump bill good for economy

  • Larry Summers criticized the One Big Beautiful Bill Act, claiming it will cause the death of 10,000 people in 10 years as estimated by the Neil Budget Lab at Yale University.
  • The Congressional Budget Office stated that the law will add $3.3 trillion to the national debt.
  • Summers expressed concern about economic risks, stating the bill could lead to inflation and recession for middle-class families.
  • Summers described the legislation as a shameful act and referred to its budgetary maneuvers as 'magical thinking.
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Breitbart broke the news in United States on Sunday, July 6, 2025.
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