President Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn.
- Posted on May 19, 2025
- By Time
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President Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn.

“This bill does not add to the deficit,” Karoline Leavitt told reporters. Economists vehemently disagree.