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Zorro

(18,889 posts)
Thu Jun 12, 2025, 10:50 AM Jun 2025

The $11 trillion gap between White House and economists on Trump's 'big, beautiful' bill

An array of economists — from the Congressional Budget Office to the Tax Foundation to the Penn-Wharton Budget Model — have reached a similar conclusion: Trump's signature legislation comes with a price tag in the neighborhood of $3 trillion over the next decade.

They're all wrong, the White House says. And not just by a little.

President Trump and his aides have instead offered claims that the bill will make money and that the final tally for both the tax-cutting legislation and other parts of the Trump agenda will usher in a new golden age not just for the US economy but also for government debt.

The claims from 1600 Pennsylvania Avenue go as high as $8 trillion in black ink (an $11 trillion chasm with the experts) in claims that go beyond what even Capitol Hill Republicans are projecting.

https://finance.yahoo.com/news/the-11-trillion-gap-between-white-house-and-economists-on-trumps-big-beautiful-bill-080017492.html

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The $11 trillion gap between White House and economists on Trump's 'big, beautiful' bill (Original Post) Zorro Jun 2025 OP
If you're going to lie, lie big. Yo_Mama_Been_Loggin Jun 2025 #1

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