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Forbes Breaking News
  • 6 months ago
In a press briefing on Monday, White House Press Secretary Karoline Leavitt was asked about the Congressional Budget Office's estimate on the financial impact of the Big Beautiful Bill.
Transcript
00:00trade team speak on it. Can you respond to the CBO estimate that the Senate bill would increase
00:04the deficit by nearly $3.3 trillion? This is one of the most fiscally conservative pieces of
00:09legislation that has ever made its way through Capitol Hill. There's $2 trillion in mandatory
00:14savings in this bill, and not only that, the projected growth that this bill will bring to
00:20our economy. It will be an economic boom. The Council of Economic Advisers has an analysis
00:25that shows that the bill will generate $4.1 trillion in economic growth, and it will cut
00:31taxes, putting more money back into the American people's pockets. That's why this president wants
00:36this bill to pass, and I know he's busy working the phones and doing what he needs to do today
00:40to make it happen. So we'll see you all later. Thank you. We'll see you in Florida.
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