Trump Policies Inflate US Deficit by $1.4 Trillion, Says CBO

The Congressional Budget Office (CBO) recently raised alarm about the growing fiscal deficit in the United States. In a new report, the CBO estimates that the deficit will increase by $1.4 trillion over the next decade, primarily due to policies enacted during President Donald Trump’s administration.

Trump Policies Inflate US Deficit by $1.4 Trillion

According to the CBO, Trump’s 2025 tax law is a significant factor driving this increase. This law extended the tax cuts initially introduced in 2017 and introduced additional tax breaks. The projected impact of this fiscal package is substantial.

Estimated Financial Impact

• Increased Deficit: The 2025 tax law is expected to raise deficits by approximately $4.7 trillion over the next decade.
• Immigration Policies: Enforcement actions related to immigration are projected to add around $500 billion to the deficit.

The overall outlook indicates a troubling trend for the U.S. fiscal landscape. The CBO’s report highlights concerns regarding the sustainability of current fiscal policies.

As the country grapples with these projected increases, careful consideration of fiscal strategies will be essential for future economic stability. The ramifications of these policies will continue to be a topic of discussion among policymakers and economists alike.