Home » How the CBO got it wrong again: Trump’s economic bill set to generate trillions in surplus, not debt

How the CBO got it wrong again: Trump’s economic bill set to generate trillions in surplus, not debt

Republican legislation criticized by media will slash deficits through economic growth, tariff revenue and deportation while cutting taxes on tips and overtime.

TheRepublicanCongressandPresidentDonaldTrumpjustdeliveredamajorvictorytotheAmericanpeopleby passingandenactingintolawthehistoricOneBigBeautifulBillAct(OBBB).Predictably,liberalmediaoutlets–ledbyCNN,MSNBC,theNewYorkTimesandtheWashingtonPost–continuetoinsisttheOBBBwilladdtrillionsofdollarstoournationaldebt.   Thetruth–backedbybothhistoricalexperienceandrobusteconomicanalysis–istheexactopposite.PresidentTrump’sOBBBwillnotonlyboostjobsandtake-homepayforAmerica’sworking-classfamilies. Itwill slashdeficitsbytrillionsofdollarsevenasitstargetedexpenditureswillstrengthenournationaldefenseandsecureourborders. Asabonus,OBBBwillrapidly acceleratethedeportationofmillionsofillegalaliensnowstealingjobsfromAmericancitizensanddrivingdownwages.   AtthecenteroftheFakeNewsmisinformationstormistheCongressionalBudgetOffice. Foryears,theCBOhas