The "One Big Beautiful Bill Act" -- a massive tax and immigration bill to fund much of President Donald Trump's agenda -- could add $2.4 trillion to the deficit over the next decade, according to a new analysis out Wednesday from the nonpartisan Congressional Budget Office.

The CBO released updated estimates on the legislation as focus turns to the Senate, where a handful of Republican members are expressing concerns about the deficit and changes to Medicaid.

The budget office is projecting 10.9 million more people will be uninsured in 2034 because of changes to health care.

The budget office also estimates the bill will cut taxes by $3.7 trillion and cut spending by $1.2 trillion. The CBO has not yet completed an analysis of the macroeconomic effects of the bill.

The White House preem

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