Trump’s big bill will cut taxes by $3.7T and add $2.4T to deficit, budget office says
- Posted on June 4, 2025
- By Star Tribune
- 2 Views
Trump’s big bill will cut taxes by $3.7T and add $2.4T to deficit, budget office says
President Donald Trump's big bill making its way through Congress will cut taxes by $3.7 trillion but also increase deficits by $2.4 trillion over the next decade, according to an analysis released Wednesday by the nonpartisan Congressional Budget Office.
