GOP bill for Trump's agenda would add $2.4 trillion to the debt, budget office says
Share and Follow


WASHINGTON — The sweeping Republican bill for President Donald Trump’s domestic agenda is projected to add $2.4 trillion to the national debt over the next 10 years, according to a new estimate from the nonpartisan Congressional Budget Office.

It is slightly higher than an earlier version of the bill, which the CBO projected to add $2.3 trillion in new debt.

The long-awaited new score factors in a series of last-minute revisions GOP leaders made to placate holdouts before the House passed the legislation last month. The changes include a higher state and local tax (SALT) deduction and a provision that triggers the Medicaid work requirements sooner than the original legislation did.

Overall, CBO and the Joint Committee on Taxation found that over a 10-year period, the legislation would decrease revenues by $3.7 trillion, while cutting net spending by $1.3 trillion — for a total of $2.4 trillion in new red ink.

The budget office also estimated that the House-passed bill “would increase by 10.9 million the number of people without health insurance” by 2034, due to the spending cuts to Medicaid and the Affordable Care Act.

The is now in the hands of the Senate, where top Republicans want to pass a revised version by July 4. It is unclear what changes they will make or how those revisions would impact the deficit.

The score contradicts claims by the White House and GOP leaders that the bill won’t worsen the national debt. They have highlighted the spending while downplaying the tax cuts and extensions that affect the long-term budget outlook.

And it emboldens new criticism by Trump’s former billionaire adviser Elon Musk, who excoriated the bill Tuesday as a “disgusting abomination,” citing the increase in the debt.

Share and Follow
You May Also Like
Melissa Gilbert seen in court for her husband's pretrial hearing

Melissa Gilbert’s Courtroom Stand: Supporting Her Husband at High-Profile Pretrial Hearing

Melissa Gilbert, renowned for her role in “Little House on the Prairie,”…
David Beckham says 'you have to let your children make mistakes'

David Beckham Encourages Parents to Allow Kids to Learn from Mistakes

In a recent interview, David Beckham emphasized the importance of allowing children…
Stream It Or Skip It?

Ultimate Guide: Should You Stream or Skip the Latest Must-Watch Show?

When diving into a Korean drama on Netflix, viewers often anticipate episodes…
FILE - Health department staff members enter the Andrews County Health Department measles clinic carrying doses of the measles, mumps and rubella vaccine, Tuesday, April 8, 2025, in Andrews, Texas. (AP Photo/Annie Rice, File)

U.S. Faces Potential Loss of Measles Elimination Status: Understanding the Implications

A year has passed since a measles outbreak erupted in West Texas,…
Au pair posted steamy selfie with her boss before murder of his wife

Au Pair Shares Controversial Selfie with Employer Prior to Wife’s Tragic Death

A Virginia-based nanny, entangled in a scandalous affair with a married man,…
Indiana judge in bizarre Natalia Grace case shot in home attack as police hunt suspect

Indiana Judge Shot in Home: Police Search for Suspect Linked to Natalia Grace Case

An Indiana judge, known for his involvement in a high-profile case, was…
Video shows anti-ICE agitator berating Christians in Minnesota church service

Controversial Clash: Anti-ICE Activist Confronts Congregation at Minnesota Church Service

A disruptive scene unfolded at Cities Church in St. Paul, Minnesota, as…
One dead, 20 hurt after train derails in Spain days after fatal crash

Tragic Train Derailment in Spain Leaves One Dead, 20 Injured

A tragic train derailment near Barcelona has claimed the life of one…