Blog
Myth vs. Fact: Taxes & America's Deficit
I’ve heard talking points from the left that the One Big Beautiful Bill increases our national debt and raises taxes—but that’s just not true. By every statistical metric, the One Big Beautiful Bill saves lower and middle-class Americans from the largest tax hike in history and will unleash unprecedented economic growth.
It’s why I voted for the One Big Beautiful Bill in the first place. According to the Council of Economic Advisors (CEA), this bill’s proven economic formula of historic tax relief, rapid deregulation, and reining in wasteful spending will slash our debt down to just 94 percent of Gross Domestic Product (GDP). The Congressional Budget Office also predicted that President Trump’s tariffs will reduce the deficit by over $4 trillion over the next decade. All of this keeps inflation down and means that Americans can keep more money in their pockets every month.
But not only are we tackling our debt, we made the Trump tax cuts permanent, delivering the largest tax cut in American history. This means working families are able to keep over $10,000 a year more. This legislation is the most pro-growth, pro-family, and pro-worker legislation in history.
With the One Big Beautiful Bill, we’re getting our economy back on track.