White House challenges CBO report on ‘big, beautiful, bill’

The White House challenges the evaluation of the non -partisan congress budget office that President Donald Trump’s package and spending will raise the federal deficit billions of dollars over the next decade.

National debt is currently tracing 36.2 trillion dollars, which the United States owes its creditors, while the national deficit measures the amount of federal government spending exceeding its revenues. So far, the federal government has spent more than one trillion dollars more than this fiscal year, according to the Treasury.

Congress Budget Office (CBO) released a Wednesday analysis expected that the so -called “Big, Beutiful, Bill”, which was approved in May, will increase the Federal deficit by $ 2.4 trillion over the next ten years.

But according to the White House, the Omani Central Bank’s analysis depends on a wrong hypothesis because it is assumed that Republicans in the Congress will fail to extend the tax cuts of Trump for 2017.

Instead, the White House of Management and Budget Office (OMB) expects that tax and spending measures will independently reduce the deficit by $ 1.4 trillion.

The Senate weighs “Bill Al -Kabeer, Al -Jamil,” where the Policy Group supports the Central Bank of Oman.

In addition, the White House argues that this measure, along with other initiatives such as customs tariffs and other spending cuts, will reduce the deficit of at least $ 6.6 trillion over 10 years.

“Big, Beeutiful, Bill” faced criticism from personalities including Spacex and Tesla, CEO Elon Musk, who described this measure “abomination” and argued that the bill would increase the federal deficit.

This measure is now heading to the Senate, where legislators, including Senator Rand Paul, RK.Y. They oppose the legislation.

Trump’s “major and beautiful draft law” faces resistance from Republican Senators due to debt concerns

While Republicans in the Senate are enhancing the draft law on spending President Donald Donald Trump, Senator Rand Paul, RK, who opposes the reconciliation package due to the increase in debt, in a television press interview in Capitol in Washington, June 3, 2025. (J. Scott Applewhite/The Assocated Press)

Meanwhile, Russell Virus, Omp Virus, told the lawmakers of the House of Representatives allocation committee on Wednesday that he believed that the analysis of the Central Bank of Oman was “mainly wrong.”

“This will lead to a decrease in deficit and debts of $ 1.4 trillion,” Fion said. “It will reduce the mandatory savings of $ 1.7 trillion. I don’t think the way they build the foundation line, not only gives a fair tremor to economic growth, but offends the economic consequences of not extending the current tax relief.”

Failure to pass a Trump tax package that would lead to stagnation, according to a film.

“We will have a stagnation,” said the legislators. “Economic storm clouds will be very dark. I think we will have a 60 % tax increase on the American people.”

Meanwhile, the White House accused the Central Bank of Oman of employing those who contributed to democratic campaigns, although the director of the Central Bank in Philip Sagel served in the administration of former President George W. Bush.

The price of the brand is increased to the Republican Party’s tax package at home to $ 3.94

White House press secretary Caroline Levitte speaks during a briefing at the White House, June 3, 2025, in Washington. (Evan Fuction/Associated Press)

“I don’t think many people know this: there was no single employee in the entire Congress budget office that has contributed to my fans since 2000,” Levitte told reporters on Tuesday. “But they guessed what, there have been many employees in the budget office of Congress who have contributed to Democratic candidates and politicians in every session since then. So unfortunately, this is an institution in our country that has become partisan and political.”

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The CBO director has been appointed according to the recommendations of the House of Representatives budget committees and the Senate. Then. Mike Enzi, R-WYOMING, SWAGEL first recommended in 2019, then recommended MP Jodey Arrington, R-TEXAS, SWAGEL again in 2023.

CBO did not immediately respond to the request to comment from Fox News Digital on OMB analysis or claims from the White House about the office full of employees who support Democrats.

Fox News’ Deirdre Hevey contributed to this report.