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Graphic Truth: The Big, Beautiful, Expensive Bill

June 05, 2025
Riley Callanan
Riley Callanan

The nonpartisan Congressional Budget Office warned that the House-passed Republican tax and spending bill (the “Big, Beautiful Bill”) would add $2.4 trillion to the national debt over the next decade, raising concerns it will further exacerbate the US’s debt issue. Senate Republicans do plan to revise the bill: some push for deeper tax cuts – which would increase the cost of the bill – while others seek to scale back Medicaid and clean-energy benefits, which offset some of the costs.

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