The House-passed version of Republicans’ tax and spending bill would add $2.8 trillion to US deficits over the next decade, according to new estimates from the Congressional Budget Office that incorporate the broader impact the legislation would have on the economy and federal budget.

The analysis comes as Trump pushes Congress to send the final product to his desk to become law by Fourth of July.

The Republican tax cut and spending bill could add trillions to the already massive deficit. Lisa Desjardins breaks down what President Trump’s “Big Beautiful Bill” means for the national debt.