The White House's through-the-looking-glass budget spin
'OMB just reviewed the new CBO score of the One Big Beautiful Bill. It confirms what we knew about the bill at House passage. The bill REDUCES deficits by $1.4 trillion over ten years when you adjust for CBO's one big gimmick — not using a realistic current policy baseline. It includes $1.7 trillion in mandatory savings, the most in history. If you care about deficits and debt, this bill dramatically improves the fiscal picture.'
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