Budget Office wrongly analyzed Trump’s big bill, missed record savings, White House says

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The White House is disputing a Congressional Budget Office (CBO) report that claims former President Trump’s tax and spending package—dubbed the “big, beautiful bill”—would increase the federal deficit by $2.4 trillion over the next decade. The White House argues the CBO’s analysis is flawed, assuming Trump’s 2017 tax cuts won’t be extended. Instead, the Office of Management and Budget (OMB) projects the bill would reduce the deficit by $1.4 trillion, or up to $6.6 trillion when combined with tariffs and other cuts. Critics, including Elon Musk and some GOP senators, oppose the bill, Fox News has reported. The White House also accused the CBO of political bias, despite its director being a Republican appointee. read more: 👍 Like this video if you think the federal budget deserves more transparency and less political spin. 💬 Comment below—do you believe the CBO’s $2.4 trillion deficit estimate, or the White House’s $6.6 trillion savings claim? 🔗 Share this video to keep others informed about the financial future of the U.S. and how political narratives shape economic reality. 💰 Want to support the channel? Tap the YouTube Thanks button—your support helps us continue to break down complex financial and political stories. 👉 Don’t forget to subscribe for more updates on fiscal policy, political accountability, and the future of the American economy. Thanks for tuning in—let’s keep the facts in focus. 💼📊🗽 Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #TrumpTaxPlan #FederalDeficit #WhiteHouseResponse