CBO’s price tag on Trump’s ‘big, beautiful bill’ hits fiscal hawks with torturous politics

CBO’s price tag on Trump’s ‘big, beautiful bill’ hits fiscal hawks with torturous politics


Republican budget hawks faced painful calculations Wednesday as the House inched toward advancing President Donald Trump’s “big, beautiful bill” that would saddle more generations with trillions of dollars in debt.

A fresh analysis from the Congressional Budget Office projected the proposal would pile on some $3 trillion over the next decade to the national debt, which already stands at an eye-popping $36 trillion. The estimate only further crippled chances of winning over holdouts.

“It should be D-O-A. We shouldn’t even be talking about this bill,” Sen. Ron Johnson (R-WI) told the Washington Examiner. “It’s so awful. It’s so far off the mark. It’s so inadequate. I’ve been trying to interject reality. I’ve been trying to interject facts and figures.”

Trending: Michelle Obama’s Take On the Birds and the Bees Is — Well, You Just Gotta See It

Johnson added: “We’re missing the forest talking

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!