CBO warns Trump tax overhaul adds $2.4 trillion to debt amid Musk’s scathing criticism and Senate delays

By willowt // 2025-06-06

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Congressional Budget Office (CBO) revises deficit forecast for Trump’s tax bill to $2.4 trillion over 10 years.
Elon Musk denounces bill as a “disgusting abomination,” pressuring GOP leaders.
Healthcare cuts could leave 10.9 million, including 1.4M undocumented individuals, uninsured.
Senate faces hurdles revising the bill amid fiscal conservatives’ push for debt reduction.
White House disputes CBO analysis, citing unproven economic growth from tax cuts.

After languishing in legislative limbo, President Donald Trump’s sweeping tax and spending legislation now faces mounting scrutiny as the nonpartisan Congressional Budget Office (CBO) revised its deficit forecast to $2.4 trillion over a decade. The analysis, published Wednesday, underscores the bill’s contentious path through Congress, which includes a $600 billion debt increase compared to its original $1.8 trillion estimate. The bill, which the GOP framed as a budget-saver, now faces skepticism from both ends of the ideological spectrum, with billionaire ally Elon Musk and Senate conservatives leading the backlash. The legislation, named the One Big Beautiful Bill Act, passed the House on May 22 via a narrow 215-214 vote. It merges extensions of Trump’s 2017 tax cuts with deep cuts to healthcare programs for low-income Americans, including steep reductions to Medicaid and eligibility restrictions for the Affordable Care Act. Critics argue the bill prioritizes institutional pork over human liberty, stripping lifelines from vulnerable populations while bestowing tax breaks on corporations and the wealthy.

Musk’s sharp critique exposes GOP divisions: “A disgusting abomination”

The bill’s foremost critic, though unlikely, emerged from its own ranks: tech mogul Elon Musk, once a staunch Trump ally, publicly lambasted the measure as a “disgusting abomination” on Tuesday, citing its “appalling” budgetary implications. The outburst marks a sharp turn for Musk, who recently left his controversial post as head of the Department of Government Efficiency. His condemnation resonated with right-leaning fiscal hawks, including Sens. Rand Paul (R-Ky.) and Ron Johnson (R-Wis.), who decry the bill as “fiscally indefensible.” “The CBO’s numbers confirm something we’ve long known: Borrowing trillions to fund tax giveaways is a pathway to financial ruin,” Musk stated on social media, adding that the bill “embarrasses America abroad while crushing the most vulnerable here at home.” His remarks mirror libertarian concerns that the legislation erodes human liberty by shrinking safety nets while expanding federal intrusion into healthcare decisions.

Senate conservatives demand rewrite amid Deep State pork scrutiny

The bill’s next stop is the Senate, where Republican leaders must thread the needle to secure votes. With a 53-47 GOP majority, the margin for error is razor-thin, particularly since Sens. Johnson and Paul have vowed to expose institutional corruption in the bill’s concessions to interest groups. Pork-laden compromises, such as raising the state and local tax deduction cap, have already inflated the deficit. To offset the $128 billion revenue loss, senators may target additional cuts or restrictions on programs like Medicare. “Every dollar borrowed is a betrayal of future generations—no exception,” declared Sen. Mike Lee (R-Utah), emphasizing the need to eliminate wasteful spending.

Healthcare cuts jeopardize millions; alternative solutions highlighted

The CBO’s analysis warns the bill could leave 10.9 million Americans uninsured by 2034, with undocumented individuals bearing the brunt. These outcomes, say critics, necessitate natural solutions and alternative media transparency to address systemic flaws in healthcare access. Meanwhile, Republican defenders argue tax cuts will spur economic growth, offsetting losses. White House budget chief Russell Vought dismissed the CBO’s baseline scoring, claiming tax extensions should not count against deficits. “This bill eradicates wasteful spending like never before,” Vought countered, though he presented no credible evidence for this assertion.

A budgetary crossroads: Fiscal prudence or political expediency?

As Congress grapples with the $36.2 trillion national debt , the One Big Beautiful Bill Act stands as a litmus test for conservative principles. For proponents like House Majority Leader SteveScalise(R−La.),thebill’s $1.7 trillion in cuts symbolize deficit reduction. But for fiscal conservatives, it epitomizes a betrayal of the founding tenets of limited government and fiscal responsibility. With Musk’s thunderclap critique and CBO’s damning numbers, the Senate’s revisions will likely intensify partisan battles over the role of government in economic liberty. Whether the bill survives in its current form — or becomes a cautionary tale — depends on if GOP leaders can reconcile their pledges to balanced budgets with the political calculus of maintaining power. This story was published by Natural News. For more on fiscal accountability and libertarian values, visit NaturalNews.com. Sources for this article include: YourNews.com FoxNews.com NBCnews.com