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Administration aggressively defends Trump budget bill, says it won’t add to deficit

  • Advancing American Freedom , founded by Mike Pence, defended the Tax Cuts and Jobs Act and circulated a memo criticizing CBO projections on June 6, 2025.
  • AAF disputed the Congressional Budget Office’s projection that President Trump’s tax legislation would increase the national debt by $3.8 trillion, highlighting that revenue from 2018 to 2024 exceeded CBO estimates by $1.5 trillion, largely due to miscalculations in inflation assumptions.
  • The CBO underestimated revenue by $1.5 trillion partly due to incorrect inflation assumptions, while the White House projected more than $1.6 trillion in savings mainly from Medicaid and food stamps reforms.
  • AAF President Tim Chapman stated that the Tax Cuts and Jobs Act enabled individuals to retain a larger portion of their earnings, and criticized liberals on the Left for attempting to distort that achievement.
  • AAF plans to run a targeted ad campaign supporting tax cuts and urges Congress to make permanent the act’s provisions to prevent a major tax hike set for the end of 2025.
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54 Articles

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Nebraska ExaminerNebraska Examiner
+19 Reposted by 19 other sources
Lean Left

Trump sends detailed budget request cutting spending by $163 billion to Congress

Agriculture Secretary Brooke Rollins, U.S. President Donald Trump, Health and Human Services Secretary Robert F. Kennedy Jr. and Education Secretary Linda McMahon attend an event for the Make America Healthy Again Commission report in the East Room of the White House on May 22, 2025 in Washington, D.C.  (Photo by Chip Somodevilla/Getty Images)WASHINGTON — The Trump administration released significantly more detail about its budget request Friday…

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  • 55% of the sources lean Left
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The Center Square broke the news in United States on Thursday, May 29, 2025.
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