United States — Congressional Budget Office & Ron Johnson

United States — Congressional Budget Office: The United States — Congressional Budget Office is a non-partisan entity whose forecasts are criticized by the White House for underestimating economic growth from tax cuts, but is considered the foundational standard by most economists for assessing policies.

Ron Johnson: Ron Johnson, a Republican Senator, expressed concerns about the deficit increases from the proposed bill and stated there are enough senators to stall it until deficits are addressed.

United States — Congressional Budget Office: The United States — Congressional Budget Office provided preliminary estimates indicating the 'big beautiful bill' would increase federal deficits by $3.8 trillion over a decade.

Ron Johnson: Ron Johnson expressed sympathy for Elon Musk's discouragement and confidence that there is enough opposition to slow down the legislative process until spending cuts are taken seriously.

United States — Congressional Budget Office: The United States — Congressional Budget Office provided a preliminary estimate that the tax provisions in the bill would increase federal deficits.

Ron Johnson: Ron Johnson, a Republican Senator, shares Elon Musk's concerns about the 'big beautiful bill' and advocates for more spending cuts.