I wanted to pass along a new piece titled “The Senate’s Big Beautiful Blunder Could Increase the Debt by $6 Trillion” by Cato Institute Policy Analyst Dominik Lett.

As written, the Senate’s version of the “One Big Beautiful Bill” will add nearly $4 trillion to the debt. But under realistic assumptions about economic growth, congressional extensions of tax giveaways or delays to spending reform, and the fiscal impact of mass deportations, the bill’s cost could soar past $6 trillion, Lett says.

Legislators in the House have plenty of options that would make the bill more fiscally responsible, Lett writes, including eliminating Medicaid financing gimmicks, phasing out the enhanced federal Medicaid match for Obamacare expansion enrollees, and eliminating various Senate pork provisions.

The House must hold the line, reject the Senate’s blunder, and advance a more fiscally responsible package, because pro-growth tax policy must go hand-in-hand with fiscal responsibility. Anything less accelerates us towards a fiscal crisis and sacrifices the future prosperity of all Americans for political expedience, Lett concludes.

You can read the full piece here. If you would like to speak with Lett, please contact pr@​cato.​org to set up an interview.