Proposed tax cuts would cost $3.3 trillion more than the $4.5 trillion allocated in the House budget resolution

Proposed tax cuts would cost $3.3 trillion more than the $4.5 trillion allocated in the House budget resolution

Increase in Primary Deficits from 2025–2034

$4.5 trillion

$7.8 trillion

Tax Cut Cap in House Budget Resolution

Proposed Tax Cuts

Sources: U.S. House of Representatives and Tax FoundationEmbed Download image

Note: Tax Foundation's estimates rely on specific assumptions about the proposed tax cuts, but a range of implementation options are possible and may result in different costs.