Screenshot from the Congressional Budget Office (CBO) website titled “Effects on Deficits and the Debt of Enacting H.R. 1 and of Making Certain Tax Policies in H.R. 1 Permanent,” dated June 12, 2025. The image includes the CBO logo at the top, a photo of the U.S. Capitol building on the right, and a paragraph of text on the left. The paragraph reads: "CBO estimates that enacting H.R. 1 and making 16 tax provisions within H.R. 1 permanent would raise debt-service costs by $687 billion over the 2025–2034 period and increase the bill’s cumulative deficit effect to $4.5 trillion." The final clause — “and increase the bill’s cumulative deficit effect to $4.5 trillion” — is highlighted in yellow.
#FactCheckFriday My Republican colleague Rep. Nancy Mace expressed concern over our national debt this week, stating that this is “a bill our kids can’t afford to pay.”