Trump's Gonna Want To Fire CBO Over Debt Estimates

Numbers don't lie, but if you fire the messenger, then the problem never happened, right? Last evening on Truth Social, Trump wrote, "America is very rich again, and stronger than ever before. Thank you for your attention to this matter!" and of course, that's a lie.

In a letter to Senate ranking member Jeff Merkley, the Congressional Budget Office (CBO) predicted that Trump's Big Beautiful Bill Act would add $5 trillion to the deficit over the next decade if its temporary tax relief provisions are extended for a full 10 years.

The Hill reports:

The CBO estimates that as a result, the total amount of federal debt held by the public would increase by 11.5 percentage points by the end of 2034.

“Each and every analysis from the nonpartisan Congressional Budget Office continues to show the same result regardless of how you look at it: this bill explodes the debt by trillions of dollars to fund tax breaks for billionaires,” Merkley said in a statement.

“It is the height of hypocrisy coming from the party that claims to be fiscally responsible,” he said.

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