A new government report reveals that President Donald Trump's One Big Beautiful Bill Act will add $4.1 trillion to federal deficits over the next decade, significantly more than previously projected.

A new government report reveals that President Donald Trump's One Big Beautiful Bill Act will add $4.1 trillion to federal deficits over the next decade, significantly more than previously projected. WASHINGTON —

A new estimate from tthe nonpartisan Congressional Budget Office shows President Donald Trump's tax and spending law, the One Big Beautiful Bill Act , will add $4.1 trillion to federal deficits over the next decade — a roughly $700 billion jump from a previous CBO projection from a few weeks ago.

The analysis says higher interest rates will make it more expensive for the

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