CBO estimates that Trump’s bill can add $ 2.4T for deficit, leaving 11 million without health insurance

“One Big Beautiful Bill Act” – Tax and Immigration Bills are massive to fund most of the agenda of President Donald Trump – can add $ 2.4 trillion for a deficit over the next decade, according to a new Wednesday analysis from the non -partisan Congress Budget Office.
CBO released the latest estimates of the law as the focus to change into a senate, where a handful of republican members expressed concern about deficits and changes to Medicaid.
The budget office projects 10.9 million more people will not be insured in 2034 due to changes in health care.
The budget office also estimates that the bill will cut a tax of $ 3.7 trillion and cut off $ 1.2 trillion. CBO has not completed the macroeconomic effect analysis of the bill.
The White House first defended the bill right before the release of CBO, with Deputy Chief of Staff Stephen Miller accused the non -partisan office as “left -handed” and hearing the law as a “dream bill.”

The view of the US Dome Capitol in Washington, 24 November 2024.
Benoit Tessiers/Reuters
The majority leader of the House of Representatives Steve Scalise condemned the CBO report at a press conference with the Republican leadership on Wednesday morning, taking problems by not recognizing the potential for economic growth, which will be carried out in a new and separate estimate.
“I understand that we have to play according to the referee’s rules, but the referee is wrong. We have a referee who tries to fire our quarterback,” said Scalise.
The bill passed the DPR in May, but now some GOP members indicate regret for their approval stamp. Representative of Georgia Marjorie Taylor Greene, a loyal Trump ally, wrote in a social media post that he did not know the provisions related to AI regulations and that he would choose to oppose the bill if he knew it was included. Greene called for the action to be removed by the senate.
Then Wednesday, President Trump will meet with the Senate Financial Committee in the White House in his encouragement to make Megabill passed on July 4.
The president crashed into the Senator GOP who threatened to complicate his way forward, including Kentucky Senator Rand Paul.
This is a developing story. Please check again for updates.