The Congressional Budget Office estimated that if the House bill were to pass as written, the deficit would increase by almost $3 trillion.

The House-passed version of Republicans’ tax and spending bill would add $2.8 trillion to US deficits over the next decade, according to new estimates from the Congressional Budget Office that incorporate the broader impact the legislation would have on the economy and federal budget.

Senate Republicans’ plans to slash clean energy tax credits differ significantly from the proposed cuts in the One Big Beautiful Bill Act passed by the House last month. Key provisions of the Senate’s version of the bill,

U.S. lawmakers appear primed for a tax-bill showdown with the Senate’s proposed version of the “big, beautiful” act challenging the House version of the bill on several key tax measures.

How Trump's 'One Big Beautiful Bill' Could Impact Skiing first appeared on Powder on Jun 18, 2025 The former Fox News host argues with the Texas Senator over military action against Iran The post Incredulous Tucker Carlson Has Shouting Match With Ted Cruz Over Basic Iran Facts: ‘You’re Calling for the Overthrow’ | Video appeared first on TheWrap.

The One Big Beautiful Bill Act is central to Trump's economic agenda and Republican hopes of reshaping federal spending.

Stephen Miran, chairman of the U.S. Council of Economic Advisors, discusses President Trump's 'big, beautiful bill' as it works its way through the Senate.