CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended
- Posted on August 4, 2025
- By The Hill
- 1 Views

CBO projects ‘big, beautiful bill’ would add $5 trilllion to deficit if temporary tax cuts extended

The Congressional Budget Office (CBO) informed Senate Budget Committee ranking member Jeff Merkley (D-Ore.) in a letter Monday that the One Big Beautiful Bill Act, President Trump’s signature domes…