| President Donald Trump and White House officials, in their attacks on the Congressional Budget Office analysis that the "One Big Beautiful Bill" adds trillions to the national debt, have claimed that the bill cuts about $1.7 trillion in spending over 10 years. These are all big numbers, so if you are confused, here's a brief scorecard on the impact on the deficit. We relied on the CBO analysis and a document provided by the White House to The Fact Checker showing its math. - CBO: increases deficit by $2.41 trillion
- OMB: reduces deficit by $1.34 trillion
How's such a gap in the outcome possible? Welcome to the debate in Washington over what "baseline" to use when measuring the impact of proposed legislation on government revenue and spending. The CBO follows standard budget rules — which require it to measure the impact of policies by assuming current laws will continue to be in effect and that any temporary provisions will expire as scheduled. This is known as a "current-law baseline." The alternative is a "current-policy baseline," which assumes current policies remain in place forever, even if they are due to lapse. The White House is trying to have its cake and eat it too — ignoring current law for the most part and then relying on budget gimmicks for the rest. To read our full report and find out the Pinocchio rating, click the link below. | 
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