Simple, the One Big Beautiful Bill has 'questionable' math and drives up debt
Full story at the Daily Caller >>> https://dailycallernewsfoundation.o...s-one-trump-agenda-item-that-has-him-worried/
Full story at the Daily Caller >>> https://dailycallernewsfoundation.o...s-one-trump-agenda-item-that-has-him-worried/
Victor Davis Hanson Names One Trump Agenda Item That Has Him ‘Worried’
Hailey Gomez
May 27, 2025 7:56 PM ET

Hoover Institution Senior Fellow Victor Davis Hanson said Tuesday on his show that President Donald Trump’s “big, beautiful bill” has him worried about the potential debt it could add to the United States.
Since its passage through Congress, a handful of Republican senators have come out against the budget reconciliation package. While discussing the issue on “The Victor Davis Hanson Show,” Hanson said that although Treasury Secretary Scott Bessent wants to cap the GDP, the “big, beautiful bill” could end up increasing it.
“The only thing I’m worried about, Jack, is the big, beautiful bill. It has questionable arithmetic on lowering the $2.1 trillion deficit. Scott Bessent said he wanted to keep the deficits at no more than 3% of GDP. And if this thing gets up, it could be $3 trillion. It could actually increase it. It could be 6% or 7% of GDP,” Hanson said.
“I’m glad they renewed the tax cuts that were going to expire, but the other tax cuts, you know, the SALT [state and local tax deduction] is going from $10,000 up to a higher number. That’s going to lose a lot of revenue,” Hanson added. “Then the tips and the first responders, if so, and I don’t know whether Social Security will not be taxed or not. But then you have greater farmer subsidies, Pentagon budgets going up.” . . .