Sunday, June 01, 2025

POLITICS_ OMB's Vought to Musk: Big Beautiful Bill Doesn't Increase Deficit

NEWSMAX 

OMB's Vought to Musk: Big Beautiful Bill Doesn't Increase Deficit 

By Nick Koutsobinas | Sunday, 01 June 2025 05:24 PM EDT 


Office of Management and Budget Director Russell Vought pushed back Sunday against Elon Musk and his Department of Government Efficiency commission, stating that the Big Beautiful Bill will not increase deficit spending or affect the growth of the national debt. 

Appearing on CNN's "State of the Union," Vought was shown a video of Musk criticizing the bill and asked by Dana Bash if it undermines DOGE's efforts.

 "I love Elon," Vought replied. "This bill doesn't increase the deficit or hurt the debt. In fact, it lowers [the deficit] by $1.4 trillion.

 "What some of the watchdogs have done," he added, "is they have used [the Congressional Budget Office's] artificial baseline, which doesn't allow and assume that current tax law will be extended because of sunsets that are in the law. 

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READ MORE: https://www.newsmax.com/politics/big-beautiful-bill-deficit-vought/2025/06/01/id/1213169/ 

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