{"id":1053525,"date":"2025-06-11T17:04:56","date_gmt":"2025-06-11T21:04:56","guid":{"rendered":"https:\/\/democrats.org\/?p=1053525"},"modified":"2025-06-11T17:04:56","modified_gmt":"2025-06-11T21:04:56","slug":"shot-chaser-trumps-treasury-secretary-dodges-questions-on-gop-budget-exploding-the-deficit-while-economists-sound-the-alarm","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-dodges-questions-on-gop-budget-exploding-the-deficit-while-economists-sound-the-alarm\/","title":{"rendered":"SHOT\/CHASER: Trump\u2019s Treasury Secretary Dodges Questions on GOP Budget Exploding the Deficit \u2026 While Economists Sound the Alarm"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

SHOT: Treasury Secretary Scott Bessent refuses to admit Donald Trump\u2019s billionaire-first budget will add to the national debt, saying \u201cit remains to be seen\u201d \u2026 <\/strong><\/p>\n\n\n\n

Alan Rappeport, New York Times<\/a>: \u201c\u2018It remains to be seen,\u2019 Bessent said when asked if the GOP tax bill will add to the national debt.\u201d<\/p>\n\n\n\n

CHASER: \u2026 while economists are sounding the alarm on this disastrous bill\u2019s $3 trillion price tag, which will explode the deficit and fuel inflation while leaving 16 million more Americans uninsured. <\/strong><\/p>\n\n\n\n

Washington Post<\/a>: \u201cThe Congressional Budget Office projected that new borrowing the legislation would force the government to make would also lead to $550 billion more in interest payments. That would raise the overall price tag of the measure, titled the One Big Beautiful Bill Act, to $3 trillion over the next decade.\u201d<\/strong><\/p>\n\n\n\n

Washington Post<\/a>: \u201cThe boost to the national debt from President Donald Trump\u2019s sweeping tax bill could add fresh fuel to inflation just as his tariff policies are already pushing prices up, mainstream economists are warning.\u201d<\/strong><\/p>\n\n\n\n

Associated Press<\/a>: \u201cRoughly 16 million people by 2034 would lose health coverage and become uninsured<\/strong> because of the Medicaid cuts, the bill\u2019s failure to extend enhanced premium tax credits for ACA marketplace coverage, and other harmful ACA marketplace changes, according to estimates from the Congressional Budget Office (CBO).\u201d<\/p>\n\n\n\n

###<\/p>\n","protected":false},"excerpt":{"rendered":"

SHOT: Treasury Secretary Scott Bessent refuses to admit Donald Trump\u2019s billionaire-first budget will add to the national debt, saying \u201cit remains to be seen\u201d \u2026  Alan Rappeport, New York Times: \u201c\u2018It remains to be seen,\u2019 Bessent said when asked if the GOP tax bill will add to the national debt.\u201d CHASER: \u2026 while economists are […]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1053525","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nSHOT\/CHASER: Trump\u2019s Treasury Secretary Dodges Questions on GOP Budget Exploding the Deficit \u2026 While Economists Sound the Alarm - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-dodges-questions-on-gop-budget-exploding-the-deficit-while-economists-sound-the-alarm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-11T21:04:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" \/>\n<meta name=\"author\" content=\"Shelby Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shelby Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-dodges-questions-on-gop-budget-exploding-the-deficit-while-economists-sound-the-alarm\/\",\"url\":\"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-dodges-questions-on-gop-budget-exploding-the-deficit-while-economists-sound-the-alarm\/\",\"name\":\"SHOT\/CHASER: Trump\u2019s Treasury Secretary Dodges Questions on GOP Budget Exploding the Deficit \u2026 While Economists Sound the Alarm - 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