Trump, beautiful bill
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The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
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Explícame on MSNCongressional Budget Office Says Big Beautiful Bill Adds $4 Trillion to Deficit, Musk Says They're WrongThe debate over federal spending intensifies as the Congressional Budget Office projects a $4 trillion deficit increase from the Big Beautiful Bill. Elon Musk, former head of the Department of Efficiency Governmental Efforts,
White House says the CBO’s analysis is wrong because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.
GOP lawmakers have largely rallied around Trump’s bill by arguing the House legislation protects Medicaid by only removing people who do not deserve it in the first place. That careful messaging is a stark difference from a decade ago, when congressional Republicans explicitly prioritized cutting Medicaid and governors blocked its expansion.
The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what President Trump’s “Big Beautiful Bill” means for the national debt.
Medicaid changes in Trump's "big, beautiful bill" have been met with a partisan division. The GOP defends the plan as needed reform, while Democrats blast it as a cut to social services.
The CBO also estimates an increase of 10.9 million people without health insurance under the bill, including 1.4 million who are in the country without legal status in state-funded programs.
President Trump's big agenda bill is facing some serious resistance from Republicans, especially after it was revealed the bill would add $2.4 trillion to the national debt over the next 10 years, according to an estimate from the non-partisan Congressional Budget Office.