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Trump spending bill to cut taxes by $3.7T, add $2.4T to deficit, CBO says

Upworthy Wednesday, 4 June 2025 ()
President Donald Trump's "Big, Beautiful Bill" would cut taxes by $3.7 trillion while adding $2.4 trillion to the national debt, the Congressional Budget Office says. The CBO released its report on Trump's bill on Wednesday. The report also estimates that it would create an additional 10.9 million…
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Video Credit: euronews (in English) - Published
News video: Elon Musk calls Trump's flagship 'Big Beautiful Bill' a 'disgusting abomination'

Elon Musk calls Trump's flagship 'Big Beautiful Bill' a 'disgusting abomination' 01:00

 Elon Musk calls Trump's flagship 'Big Beautiful Bill' a 'disgusting abomination' The tech billionaire blasted Trump’s signature bill to cut taxes and boost defence spending — a sharp break from his previously steadfast loyalty to the president. READ MORE :...

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