White House says the ‘big beautiful bill’ will lower the US deficit. Analysts say that’s off by trillions.

https://finance.yahoo.com/news/white-house-says-the-big-beautiful-bill-will-lower-the-us-deficit-analysts-say-thats-off-by-trillions-080040908.html

by Hiversitize

9 comments

  1. I have zero experience but I think I could put together an estimate that’s off by trillions of dollars. Where do I apply?

  2. This is one problem with a pathologically lying administration. How could we possibly believe their promises for the future, especially when that future extends beyond holding them electorally accountable?

    The truth is that fiscal responsibility died with the Republican Party at least a generation ago. Trump’s first administration wracked up more debt over 4 years than any previous president had before. Before him, Bush entered the Afghanistan and Iraq wars, accelerating debt accumulation more than presidents before him.

  3. Would this also be the same people that said foreign countries will be the ones paying the tariffs?

  4. I still don’t understand how he can so blatantly lie to everyone in the face of actual data and numbers that prove otherwise.

    We’re already at over 120% debt/gdp ratio and just raised the debt ceiling by another few trillion knowing that it wasn’t going to change anytime soon.

  6. the country is broke just from entitlements and its bloated healthcare 

    many of us have known this for at least 2 decades 

  7. Why are institutes making projections and then people are saying those projections are wrong my projections are right? What part of this is difficult to model? Tax cuts of X mean Y less revenue if you just use last years IRS data as a starting point.

  8. The trump tax cuts have been so amazing the democrats had power in 2021-2023 and decided to not change the tax code.

  9. The miracle of “trickle down” will finally come true!

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