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Trump tax bill would add $2.4 trillion to the deficit over a decade: CBO

Upworthy Wednesday, 4 June 2025 ()
President Trump’s “big, beautiful bill” would add $2.4 trillion to the nation’s deficit over roughly the next decade, a new cost estimate from the Congressional Budget Office (CBO) shows. The agency estimated the proposed tax cuts in the plan — which seek to lock in expiring provisions in Trump…
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News video: Trump Vs Musk: Tesla Stock Crashes 9% As Trump And Musk Clash Over 'Disgusting' Tax Bill Feud

Trump Vs Musk: Tesla Stock Crashes 9% As Trump And Musk Clash Over 'Disgusting' Tax Bill Feud 04:42

 Tesla shares plunged nearly 9% Thursday after President Donald Trump lashed out at Elon Musk over his criticism of the president’s tax and spending bill. Musk, who had once been one of Trump’s closest allies and even led a cabinet-level department, called the legislation a “disgusting...

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