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Karoline Leavitt Debunks 'False Claims' About 'One Big Beautiful Bill' Impact on Deficit

Forbes Breaking NewsJune 7, 20253 min2,799 views
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Support for the 'One Big Beautiful Bill'

  • 🏛️ The 'One Big Beautiful Bill' is presented as critical for making America safe and prosperous, with Senate Republicans urged to pass it quickly.
  • 👮 Law enforcement groups, including the National Fraternal Order of Police and the National Border Patrol Council, have endorsed key provisions, highlighting its importance for public safety and border security.
  • 🤝 The bill is described as a promise kept to public safety officers and a once-in-a-generation investment in the nation's border security.

Debunking Deficit Increase Claims

  • ❌ Leavitt directly addresses and refutes the 'false claims' circulating in the press that the bill will increase the deficit.
  • 📉 These claims are attributed to the Congressional Budget Office (CBO) and other scorekeepers, whose assumptions are described as 'shoddy' and historically inaccurate in forecasting economic growth.

Economic Growth Projections

  • 📈 The CBO's projection of 1.8% long-term GDP growth is called 'absurd', with an expectation that the bill will instead cause the American economy to boom.
  • 📊 The Council of Economic Advisers (CEA) estimates that growth will average 3% in the long run due to the bill, fueled by tax cuts, deregulation, and domestic energy exploration.
  • 💰 This projected higher growth is estimated to result in $4.1 trillion in additional revenue over 10 years, offsetting any deficit concerns.

Economic Impact and Prosperity

  • 💼 The bill is expected to unleash prosperity and ignite a 'blue-collar boom' by boosting small businesses, private investment, and workers' wages.
  • 🚫 Leavitt contrasts this positive outlook with the potential negative consequences if 'radical Democrats' get their way.
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What’s Discussed

One Big Beautiful BillKaroline LeavittWhite House Press BriefingBorder SecurityNational Fraternal Order of PoliceNational Border Patrol CouncilDeficitCongressional Budget Office (CBO)Economic GrowthGDP GrowthCouncil of Economic Advisers (CEA)Tax CutsDeregulationDomestic Energy ExplorationBlue-Collar Boom
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