President Trump’s latest economic triumph is shaking up Washington’s tired predictions. The One Big Beautiful Bill Act (OBBB), signed into law on July 7, 2025, promises a tidal wave of jobs, fatter paychecks, and—despite naysayers—a leaner federal deficit. Buckle up: the Congressional Budget Office (CBO) is already crying wolf.
Fox News reported that the OBBB, passed by a Republican Congress, blends tax cuts, deregulation, and tariffs to turbocharge the economy. It aims to bolster national defense, secure borders, and expedite deportations of unauthorized migrants to safeguard American wages.
Trump’s team projects it’ll slash deficits by trillions, leaving the CBO’s gloom-and-doom forecast in the dust. The CBO claimed the OBBB would pile $3.9 trillion onto the national debt over a decade.
Their crystal ball? A sluggish 1.8% annual GDP growth rate, ignoring the bill’s growth-spurring policies. Critics slammed this static model as myopic, blind to the economic dynamite in tax cuts and deregulation.
The CBO’s number-crunchers didn’t account for Trump’s tariff plan, expected to rake in $2.8 trillion over 10 years. Their first analysis was like forecasting a storm without checking the wind. No wonder conservatives are calling foul on their outdated playbook.
Remember 2018? Trump’s 2017 Tax Cuts and Jobs Act sparked 2.9% GDP growth, blowing past the CBO’s timid 1.8–2% guess.
Businesses invested, profits flowed back from overseas, and consumers spent like it was Christmas—proof that the CBO’s pessimism isn’t destiny.
The OBBB doubles down with crowd-pleasers like no taxes on tips or overtime. Working-class families, from waitresses to factory workers, stand to keep more of their hard-earned cash. Meanwhile, liberal media clutch their pearls, parroting the CBO’s debt scare without questioning its flaws.
The CBO tried again with a “dynamic” estimate, but critics weren’t impressed. They accused it of frontloading costs and assuming a bizarre interest rate spike. Sounds like a sequel nobody asked for, repackaging the same tired skepticism.
Rep. Byron Donalds, a vocal OBBB cheerleader, says the bill will stop states from exploiting Medicaid loopholes.
That’s a win for fiscal sanity, curbing waste while prioritizing taxpayers. Yet, the left’s still stuck on the CBO’s grim fairy tale.
Let’s talk tariffs. Trump’s trade strategy, a cornerstone of the OBBB, is projected to generate massive revenue. The CBO’s initial oversight of this $2.8 trillion cash cow exposes their bias toward static, growth-averse models.
The OBBB’s deportation push aims to protect American jobs by prioritizing citizens in a tight labor market. It’s a bold move, rooted in the belief that legal workers deserve first dibs. Critics call it harsh, but supporters see it as fairness for the forgotten middle class.
National defense gets a boost, too, with targeted spending to keep America safe. The bill’s backers argue a strong military deters threats, saving money in the long run. Contrast that with the left’s preference for open borders and bloated bureaucracies.
Deregulation is the OBBB’s secret sauce. By slashing red tape, businesses can innovate, hire, and grow without government meddling. The CBO’s failure to model this unleashed potential is why their debt projections feel like a bad rerun.
Flashback to 2018: small businesses thrived, hiring surged, and consumer confidence soared post-tax cuts. The OBBB builds on that proven formula, yet the CBO clings to its 1.8% growth fetish. Someone needs to tell them the economy isn’t a museum exhibit.
Liberal outlets amplify the CBO’s warnings, framing the OBBB as reckless. But their selective outrage ignores the bill’s revenue streams and growth triggers. It’s almost as if they’re rooting for a deficit disaster to dunk on Trump.
