Budget office says Trump’s tax law will add $3.4 trillion to deficits, leave 10 million uninsured

COUNTERPOINT: Worry about the economy, not the debt

The size of the national debt has become a preoccupation across the political spectrum. Democrats have complained about the $3.4 trillion increase in the debt projected to result from President Donald Trump’s tax cut.

A Financial Crisis Is Inevitable

America could be on the cusp of an economic downturn, thanks to the self—defeating, destructive policies of president Donald Trump. Inflation is rising while the dollar is falling, and Trump’s just—passed One Big Beautiful Bill Act is projected to add a whopping $3.4 trillion to the federal deficit. Add to this the uncertainty caused by Trump’s tariffs and immigration policies, along with his threats to fire Federal Reserve Chairman Jerome Powel…

From Cardinal Care to the ACA, clearing up how new federal laws impact insurance coverage for Virginians

New estimates from the Congressional Budget Office show 10 million more Americans will be without health care coverage in the next 10 years after the passage of President Trump’s budget reconciliation legislation, known as the One Big Beautiful Bill Act, approved by Congress earlier this month.

The U.S. national debt is $36.6 trillion. How does this impact taxpayers?

When President Donald Trump signed the One Big Beautiful Bill into law, it sparked major discussions on the outlook of the nation’s budget and the national debt.

10M more people will be uninsured under GOP megabill: CBO

The final tally from the nonpartisan budget scorekeeper estimates the law will decrease federal healthcare spending by $1.1 trillion over the next decade.

Blue States’ High Tax State-of-Mind

While the Big Beautiful budget bill recently enacted into law has a multiplicity of good, bad, and benign features, the law’s biggest and most beautiful feature is the continuation of the soon-to-expire 2017 income tax reduction enacted in Donald Trump’s first term. Although much of the American press has characterized this as a big gift to the rich, the empirical evidence paints an altogether different picture. By 2019, the second year of the T…