FACT: President Trump’s Economic Plan will Cut the Deficit by $6.6 Trillion

Rapid Response

President Trump is turning our country around by providing historic tax relief while also reducing the deficit.

President Trump’s One, Big, Beautiful Bill would deliver:

$1.6 trillion in spending cuts
The largest tax cut for working families in American history
A deficit reduction of $1.4 trillion

On top of the big savings from the One, Big, Beautiful Bill, President Trump’s tariff strategy would reduce federal deficits by over $2.8 trillion over the next decade – a key fact that the CBO did not account for in its recent score.

Upon passage of the One, Big, Beautiful Bill, President Trump will deliver $6.6 trillion in deficit reduction over the next decade by boosting tariff revenue, cutting billions in wasteful spending, and eliminating Biden-era red tape.

President Trump is delivering fully and enthusiastic on all the promises he made.