Democrat-controlled budget office wrongly analyzed Trump's big bill, missed record savings, White House says
Fox News
White House's Office of Management and Budget forecasts that the Trump admin's spending measure will reduce deficits by $1.4 trillion.
Diana Stancy is a politics reporter with Fox News Digital covering the White House.
The Congressional Budget Office (CBO) issued an analysis Wednesday predicting that the so-called "big, beautiful, bill" the House passed in May would increase the federal deficit by $2.4 trillion over the next 10 years.
But according to the White House, the CBO’s analysis is based on a faulty premise because it assumes that Republicans in Congress will fail to extend Trump’s 2017 tax cuts.
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