House Budget Committee Chair Jodey Arrington Addresses Growing Federal Deficit Post-Tax Cuts
House Budget Committee Chair Jodey Arrington, a Republican from Texas, has offered explanations for the federal deficit's growth following the 2025 tax cuts. Despite initial promises that the tax cuts would be fiscally responsible and reduce national debt, the deficit is increasing by approximately $2 trillion annually, with projections indicating trillions more added to the national debt. Arrington attributes this outcome to factors such as government shutdowns, which he claims hindered economic growth, and the Iran war, which he stated 'definitely put a wrinkle in it.' He also criticized the methodologies of congressional scorekeepers, including the Congressional Budget Office (CBO) and the Joint Committee on Taxation, suggesting they use 'old models' and 'don’t do a good job' in their assessments. These official bodies had projected the law would add roughly $4 trillion to the debt over the next decade, a figure that later increased to $4.7 trillion after accounting for interest payments and lower-than-...
