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'Big, Beautiful Bill' Vote: House Dems 'Just Signed Their Own Political Death Warrant'
Yesterday 7:45 pm
----------------------------------------------------------------------------Leavitt’s "$1.6 trillion worth of savings" appears to refer only to the bill’s proposed spending cuts without factoring in the lost tax revenue that will increase the annual deficit and the federal government’s cumulative debt, experts said."Bottom line — because that is what matters — is that simple math of all the additions and subtractions equals nearly $3 trillion in additional debt" during the standard budget time frame of 10 years, said Steve Ellis, president of Taxpayers for Common Sense, a nonpartisan group that tracks the federal budget.The White House did not respond to inquiries for this article. Analyses of the bill show it increasing the deficit and adding to the debt
