Posted on 06/30/2025 7:27:14 PM PDT by thegagline
The changes made to President Donald Trump's big tax bill in the Senate would pile trillions onto the nation's debt load while resulting in even steeper losses in health care coverage, the nonpartisan Congressional Budget Office said in a new analysis, adding to the challenges for Republicans as they try to muscle the bill to passage.
The CBO estimates the Senate bill would increase the deficit by nearly $3.3 trillion from 2025 to 2034, a nearly $1 trillion increase over the House-passed bill, which CBO has projected would add $2.4 to the debt over a decade.
The analysis also found that 11.8 million more Americans would become uninsured by 2034 if the bill became law, an increase over the scoring for the House-passed version of the bill, which predicts 10.9 million more people would be without health coverage.
The stark numbers are yet another obstacle for Republican leaders as they labor to pass Trump's bill by his self-imposed July 4th deadline.
Even before the CBO's estimate, Republicans were at odds over the contours of the legislation, with some resisting the cost-saving proposals to reduce spending on Medicaid and food aid programs even as other Republicans say those proposals don't go far enough. Republicans are slashing the programs as a way to help cover the cost of extending some $3.8 trillion in Trump tax breaks put in place during his first term.
(Excerpt) Read more at newsmax.com ...
“the nonpartisan Congressional Budget Office said in a new analysis”
Lies.
Folks,
Everything is fake news these days. How many read past the headline and let it ear worm you in your thinking?
Read the article. Do you magically believe those numbers just because it is in writing? It is not an analysis of NET effects, just the numbers they want to present. filtered then through the media even if the report was resonable.
We live in a time where everything is BS until proven otherwise. Trump has proven them wrong again and again.
The CBO? LOL
Today because of Thune’s stupidity(Or he did it deliberately) he allowed the parliamentarian who NO ONE has even heard of, to require 60 votes for the no medicaid/snap for illegals..guess what, they didnt have the 60 votes so it failed, so it got removed from the bill..Dems even though they are NOT the majority, are still able to do whatever they damn well please and the GOP just sits back and does NOTHING..so yeah without that I dont want this bill to pass anyway, enough is enough I dont want my tax dollars to be paying for these damn illegals Medicaid or other Govt programs
If something in DC says it’s ‘non-partisan’ that means Swamp. The only thing worse is bipartisan.
True but the CBO is chock FULL of deep state RATS trying to undermine Trump’s MAGA agenda with NEGATIVE FORECASTS about everything.
“Where have all the fiscal conservatives gone?”
7nlike you, they know the CBO numbers are bogus.
Reagan proved that.
Trump proved that.
Yep
“without that I dont want this bill to pass anyway, enough is enough I dont want my tax dollars to be paying for these damn illegals Medicaid or other Govt programs”.
ROTFLMAO!
If it doesn’t pass your dollars will “be paying for these damn illegals Medicaid or other Govt programs”.
And we will have the largest tax increase in history.
1) The parliamentarian can only give advice. The Republicans could have rejected this advice
2) Thune should have fired her.
Everyone attacked Rand Paul for pointing out and voting no
I saw on newsmax this bill is not going to pass anyway, 6 GOP senators are not going to vote for it
Thune is an IDIOT, or he did it by design..he didnt have to listen to her, instead he PURPOSELY did this to take out everything good in this bill and left in the crap..The Dems win again, heck they always win even when they lose they win
Fiscal conservatives point out that tax cuts pay for themselves by increasing economic growth. But, that the CBO isn’t taking that into consideration.
“I saw on newsmax this bill is not going to pass anyway, “
You didn’t see that. Wishing it does not make it true.
“6 GOP senators are not going to vote for it”
False. Wishing it does not make it true.
“nonpartisan Congressional Budget Office said in a new analysis“
Yeah like the nonpartisan parliamentarian
Dr Steve Turley did a video today stating that the CBO is always wrong because it leans left. There is alternative that says it actually saves 1+ trillion over 5 years. Someone has got to do a deep dive and explain the analytics.
Cut back on spending
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