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Another punch was given on Wednesday of the “Big Beautiful Bill” while the Congress Budget Office published its analysis of the legislation adopted by the Chamber, and the news was not good for Donald Trump and the republican members of the Congress.
ABC News reported:
The “Big Beautiful Bill Act” – a huge tax and immigration bill to finance a large part of the agenda of President Donald Trump – could add 2.4 billions of dollars to the deficit in the next decade, according to a new analysis on Wednesday by the Budget Budget Office.
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The Office Budget provides that 10.9 million people will not be provided in 2034 due to changes in health care.
The Office budget also estimates that the invoice will reduce taxes by $ 3.7 billions and reduce the expenses of $ 1.2 dollars. The CBO has not yet finished analyzing the macroeconomic effects of the bill.
Everything Trump and President Mike Johnson claim that the bill would and would not be a lie. The two big claims that Johnson and the Trump White House are that No one will lose their health insuranceAnd the bill will not add to the deficit.
None of these statements are true, according to CBO analysis.
It is too early to say that the global concept of a major bill is dead, but the idea that the Senate will adopt a largely unchanged version of the House bill seems toast.
There could be something that could possibly be adopted that can be called a great good bill, but it does not seem that it will be This bill.
The CBO analysis should be music to the ears of those who try to stop the bill, because the “great good bill” has big problems that could lead to its legislative disappearance.
What do you think of CBO analysis? Let's talk about it in the comments below.