White House Slams CBO Over Trump’s Tax Bill Deficit Forecast

The White House is locking horns with the nonpartisan Congressional Budget Office (CBO) over a stark disagreement on the financial impact of President Donald Trump’s sweeping tax and spending package, dubbed the "big, beautiful bill." While the CBO predicts a staggering $2.4 trillion increase in the federal deficit over the next decade, the White House vehemently disputes this, claiming the analysis is flawed and misses the mark on potential savings.

With the national debt already towering at $36.2 trillion and this fiscal year’s deficit surpassing $1 trillion, the stakes couldn’t be higher. The White House’s Office of Management and Budget (OMB) counters the CBO’s grim forecast, asserting that the bill, when paired with measures like tariffs and spending cuts, could slash the deficit by a remarkable $6.6 trillion over ten years. OMB Director Russell Vought didn’t mince words, calling the CBO’s assessment "fundamentally wrong" and warning that failing to pass Trump’s tax package could plunge the nation into a recession with a devastating 60% tax hike on Americans.

But the controversy doesn’t stop at numbers. The White House has raised eyebrows by accusing the CBO of partisan bias, alleging that its staff have consistently donated to Democratic campaigns while ignoring Republican causes since 2000. This claim adds fuel to an already fiery debate, even as the bill faces pushback from within Trump’s own party. High-profile critics like Elon Musk have slammed it as an "abomination," and Republican senators, including Rand Paul of Kentucky, are voicing concerns over ballooning debt.

As the legislation heads to the Senate, the divide deepens. Will this bill be the economic lifeline the White House envisions, or a fiscal disaster waiting to happen? The battle over numbers and narratives is far from over.