The BBB would increase deficit spending by about $400 billion per year in the next three years:
https://x.com/RepThomasMassie/status/1925494110288331073
Oh gawd you are quoting grandstander massie.
No figures shared by that source can be regarded as trustworthy. The BBB is going to cut spending in the long run significantly.
Okay Massie. Give us an alternative that has the votes.
Quit grandstanding and start twisting RINO arms.
You don't do that so you grandstand.
Funny thing. That’s not how it scores on current level nor does that projection factor in growth above 1% (3-4% growth expected).
People that cherry pick and lie to destroy the American economy by sabotaging the only viable plan that avoids a 68% tax hike are the enemy. If Musk wants to wear that label it’s his choice though it’s a shame.
From the White House:
So-called “forecasts” (including by the CBO) predicting higher deficits are based on a false assumption that President Trump’s 2017 tax cuts will expire. In reality, extending the CURRENT tax rates — which this legislation does — has zero impact on the deficit.
If you cite the CBO’s faulty score, you must also cite CBO’s forecast that President Trump’s tariffs will cut the deficit by $2.8 trillion over the next decade. In other words, even the partisan CBO admits the deficit will be slashed by at least $500 billion over the next ten years.
Of course, the $1.7 trillion savings is partly offset by one-time spending on border security and additional tax cuts (NO TAX ON TIPS, NO TAX ON OVERTIME) — which brings the net deficit reduction to exactly $1.407 trillion.
Upon enactment the bill — and through increased tariffs revenues, discretionary spending cuts, and reversing Biden-era regulations — the Trump Administration will have taken actions that reduce deficits by at least $6.6 trillion over the next decade.