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Trump’s big bill will add $2.4 trillion to deficit and leave 10.9 million more uninsured, CBO warns

Upworthy Wednesday, 4 June 2025 ()
President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.4 trillion over the next decade, according to an analysis released Wednesday by the nonpartisan Congressional Budget Office. The CBO also estimates an increase of…
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Video Credit: Rumble - Published
News video: _Kill the bill__ Musk rallies against Trump_s budget bill as Senate Republicans split

_Kill the bill__ Musk rallies against Trump_s budget bill as Senate Republicans split 02:42

The rift between Elon Musk and Donald Trump deepened after Musk urged his followers to oppose Trump’s budget bill, calling it an "abomination" that risks "debt slavery." The $2.4T deficit-spending plan extends Trump-era tax cuts and boosts border security but...

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US Congressional Budget Office's warning: Trump's big bill could raise national debt by $2.4 trillion; 10.9 million to lose health insurance

The CBO projects a $2.4 trillion increase in the national debt over the next decade due to Republican tax cuts and program cuts, raising concerns about...
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