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Trump Tax Bill Will Add $2.4 Trillion To The Deficit And Leave 10.9 Million More Uninsured, CBO Says

June 5, 2025
Trump’s Return-To-Office Mandate Faces Pushback
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President Donald Trump’s big bill in Congress would unleash trillions in tax cuts and slash spending, but also spike deficits by $2.4 trillion over the decade and leave some 10.9 million more people without health insurance, raising the political stakes for the GOP’s signature domestic priority.

Republican leaders in Congress, determined to muscle the sweeping package forward, had little to say after the analysis released Wednesday by the nonpartisan Congressional Budget Office. GOP senators spent more than an hour at the White House in what they called a robust afternoon discussion with Trump.

“We’re committed to making a law that will make the lives of the American people better,” Senate Majority Leader John Thune of South Dakota said afterward. He vowed to “get this done one way or another.”

But Democrats angling to halt the One Big Beautiful Bill Act, named after the president’s own catchphrase, piled on with relentless opposition.

Click here to read the rest of the article written by The Associated Press over at WTOP

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