Trump’s ‘big, beautiful bill’ will cost $3.4 trillion over about a decade: CBO

Jul 21, 2025 - 22:01
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Trump’s ‘big, beautiful bill’ will cost $3.4 trillion over about a decade: CBO
The “big, beautiful bill” that President Trump signed into law earlier this month will add nearly $3.4 trillion to the nation’s deficits over roughly the next decade, the Congressional Budget Office (CBO) estimated in a report on Monday. The analysis released by the nonpartisan budget scorekeeper projected the bill would add $3.394 trillion to the…