Posted inDonald Trump National politics
Trump’s Big Beautiful Bill adds between $3 trillion and $5 trillion to nation’s debt
The reconciliation legislation recently passed by the House and being considered by the Senate is called the One Big Beautiful Bill, because that's the name Trump gave it. Like just about everything Trump touches, the name is a lie. Actually the legislation is horribly ugly, though it is indeed big. The Committee for a Responsible Federal Budget summarizes the impact on the nation's debt, which is currently $36.2 trillion. The House of Representatives’ Fiscal Year (FY) 2025 reconciliation bill – titled the One Big Beautiful Bill Act of 2025 (OBBBA) – would add $2.4 trillion to primary deficits over the…
