Politics

Trump's big bill will cut taxes by $3.7T and add $2.4T to deficit, budget office says

Lisa Mascaro

Associated Press Published: June 4, 2025 at 10:17 AM Updated: June 4, 2025 at 10:32 AM Tags: John Thune , Karoline Leavitt , Washington news , Donald Trump , Politics , Business Full Screen 1 / 2 Previous photo Next photo FILE - The U.S. Capitol in Washington, Aug. 3, 2020. (AP Photo/J. Scott Applewhite, File) FILE - President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein,File)

Copyright 2020 The Associated Press. All rights reserved

FILE - The U.S. Capitol in Washington, Aug. 3, 2020. (AP Phot

See Full Page