Trump's 'big beautiful' bill could add $3.4 trillion to federal deficits in the next 10 years—what it means for your wallet
- Posted on July 15, 2025
- By CNBC
- 1 Views

Trump's 'big beautiful' bill could add $3.4 trillion to federal deficits in the next 10 years—what it means for your wallet

President Trump's new spending bill will increase federal deficits, adding to a debt load that's already grown more than 50% since 2020.