Washington – “Big Beau Bill” by President Donald Trump, whom he Signed by the law this monthwill add $ 3.4 billion to American national debt over the next decade, according to a new report Posted on Monday by the Budget Office of the non -partisan congress.
The report revealed that the law, that the Republicans have adopted the parties, will also increase the number of people without health insurance by 2034.
The Office Budget examined the final version of the bill after the Republicans made a series of last -minute changes to break the votes necessary for the Senate; It was adopted by a vote of 51-50. This version revised later Past the house On a vot of 218-214. Trump promulgated it on July 4.
THE 887 pages package extend Trump’s 2017 tax reductions while providing Tax deductions for advice and overtime For the next four years. It includes hundreds of billions of dollars new expenditure for the army and to carry out the Trump’s mass expulsion program. And that pays for part of this with Medicaid cuts, benefits (which help families with low income to buy grocery products) and clean energy financing.
The analysis revealed that the reductions in net expenditure of the law of $ 1.1 billion of dollars are exceeded by the $ 4.5 billions of reduced income, compared to the measurement of the measure.
The Republican leaders said that the passage of the “big and beautiful bill” was essential to avoid an increase in taxes at the end of this year, when a large part of Trump’s tax law in 2017 was to expire.
Recent surveys show the The bill is unpopular to Americans. Democrats strongly look at attacks on the bill as a tax reduction which benefits disproportionately to the rich, paid in part with discounts of expenditure which harm the working class.
Some republicans and allies of the White House, for their part, come the bill as a tax advantage For “workers’ families”, Highlight the rejection of taxes on advice and overtime in particular. President Mike Johnson, r-la., Predicted that the voters “will reward” the Republicans for the bill during the mid-term elections.
“This is a bill that has been written for Americans who work hard, employees of the middle and lower class in particular, and they will feel the effects of this in the economy, and they will have higher wages and more opportunities and more economic growth, and it is a major factor in a mid-term election. And the border will be secure.
When asked if he feared that it costs the GOP seats during the mid-term elections in 2026, Johnson replied: “No concern at all. In fact, it will win seats for us. We are so confident.”
The CBO also noted that the law, which includes changes to the affordable care law, will reduce the average ACA Plan “Benchmark” of approximately 0.6% in 2034.
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