The impact of estimated revenues on GOP tax plans will be nearly $4 trillion in negative denials over a decade, according to the Tax Committee, a non-partisan committee in the US Congress.
The committee’s publication will bring the net estimated revenue effect to -3.939368 trillion dollars for 2025-2034.
“The problem with all these research is intentionally ignoring current tax policies. You cannot do it and cannot take it seriously,” the office of management and budget spokespersons pointed out.
Fox News Digital reached out to the Joint Taxation Committee for comment, but no comments had been provided by the time of publication.
GOP rail against “blatantly false” dems about Medicaid reform in Trump’s “big, beautiful bill”
Mike Johnson, the chairman of the right, Mike Johnson, accompanied by President Donald Trump, will depart the House Republican Conference at the Capitol in Washington, DC (Andrew Harnik/Getty Images) on May 20, 2025, to speak to members of the media.
The GOP-controlled House passed one big beautiful bill law last week, even with US national debt of more than $36 trillion.
The measure was cleared up by Democrats, with two House Republicans (Rep. Thomas Massey of Kentucky and Warren Davidson of Ohio) voted against it.
House Freedom Caucus Chairman Andy Harris, R-Md. “We voted to vote to move the bill to move the bill for the president. There is still a lot of work to end the waste, fraud, abuse and abuse of the Medicaid program.”
Johnson Speaker clashes with Randpole over Trump’s bill’s “wimpy” spending cuts
Some Senate Republicans have shown they are not willing to support the measure as they are coming out of their homes.
Elon Musk isn’t happy with that either. In an interview with CBS Sunday Morning, Business Tycoon said he was “disappointed to see the massive spending bill,” saying the measure would undermine the work of government efficiency teams.
“I’m not happy with certain aspects of it, but I’m excited about the other aspects,” President Donald Trump said of the measure when asked about Musk’s comments.
Last week, Trump welcomed the House proposal to pass, and called on the Senate to pass it.
“Thank you to the amazing work of speaker Mike Johnson and House leaders, as well as all Republicans who voted for Jesus on this historic bill! Now it’s time for a friend in the United States Senate to get into work and send this bill to my desk as soon as possible!” the president declared last week in part in a true social post.
The masks formally descend from Doge after enveloping government rationalization
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White House policy and homeland security adviser Stephen Miller insisted in X’s post that “they can see self-proclaimed libertarians along with left-handed bureaucrats who claim that the big beautiful bill will “explode debt.” This is entirely based on a CBO who claims that extending the current tax rate (not increasing) would “cost” $4 trillion in revenue to the government.
“Private money that has not yet been made is not part of the government since the libertarians insisted they would not raise government money to “costs.” This is a democratic collectivist debate, and I’m shocked to see libertarians unfold it. Transition*,” he declared.
Alex Nitzberg is a writer for Fox News Digital.
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