Experts say Trump’s signature legislation will cost America around $3 trillion over the next decade. One group that adamantly disagrees with this assessment is the White House.
They say that the bill will make money, as much as $8 trillion. That’s an $11 trillion gap from what experts are saying. How can the math be this far off? First off, the White House is zeroing out the expected cost of extending the tax cuts AND assuming billions of dollars of economic growth from the policy. The White House is also accounting for tariff revenue that could add $2.8 trillion in the decade ahead, but that is only if tariff rates stay consistent.
