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Wednesday, Jul. 2, 2025

Would Donald Trump’s big bill provide the largest federal spending cut in US history?

Tom Kertscher / Wisconsin Watch, Wisconsin Watch

no

Spending cuts proposed in President Donald Trump’s “big beautiful bill” would not be the largest ever, according to nonpartisan analysts.

The largest-cut claim was made by Republican U.S. Rep. Scott Fitzgerald, who represents part of southeastern Wisconsin, ahead of the House vote. His office cited a $1.7 trillion claim made by the Trump administration.

The House-passed version of the bill nominally would have cut $1.6 trillion in spending over 10 years.

But the bill’s net decreases were $1.2 trillion, after taking spending increases into account, and $680 billion after additional interest payments on the debt.

The heaviest spending reductions don’t begin until around 2031, increasing the chances that they could be changed by future legislation.

A $1.7 trillion net cut would be second to a 2011 law that decreased spending by $2 trillion and would be the third-largest cut as a percentage of gross domestic product, according to the Committee for a Responsible Federal Budget.

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