President Donald J. Trump’s One Big Beautiful Bill will boost real wages, reduce the deficit, produce meaningful economic growth, and bring stability to the national debt, according to a new analysis by the Council of Economic Advisers.

Here are the topline findings:

• Real wages for workers will increase by as much as $7,200 per year.
• After-tax take-home pay for a typical family with two kids will increase by as much as $10,900 per year.
• Real investment will increase by as much as 10%.
• At least 1.1 percentage points added to annual real GDP growth.
• 7 million jobs will be protected and created.

Moreover, as a result of President Trump’s economic agenda:

• The deficits will be reduced by as much as $11.1 trillion — including as much as $5.2 trillion from economic growth, $1.6 trillion from discretionary spending cuts, $2.8 trillion from tariff revenue, and as much as $1.5 trillion from interest savings.
• The debt-to-GDP will fall to between 88% and 99% — versus rising to 117% if the Trump Tax Cuts aren’t extended in the One Big Beautiful Bill.

The post Analysis: One Big Beautiful Bill Will Boost Wages, Lower Deficits appeared first on The White House.

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