CEA’s Analysis of the OBBBA Still Has Significant Issues

CEA’s Analysis of the OBBBA Still Has Significant Issues

Following the release of the Senate draft of the One Big Beautiful Bill Act (OBBBA), Trump’s Council of Economic Advisors (CEA) released an updated analysis of the bill. The CEA finds that this version of the OBBBA would ultimately increase the level of economic output (GDP) by between 2.4 and 2.7 percent in the long run. The increased growth would result in higher wages and household income, and would broaden the tax base, raising between $2.1 …