- Administration goals are clashing with the fiscal reality presented by the CBO, which tracks the federal deficit exceeding 5% of GDP.
- A law was signed by Donald Trump on July 1, 2026, which incorporated estimates produced by the Congressional Budget Office.
- Trump is attempting to incorporate costs into a spending bill, involving the Congressional Budget Office.
The Peterson Institute modeled GDP loss from deportations, while the CBO estimated tax revenue cuts resulting from immigration arrivals.
1 report, 1 independent
Updated Aug 18
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What happened
The Peterson Institute modeled GDP loss from deportations, while the CBO estimated tax revenue cuts resulting from immigration arrivals.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Trump is attempting to incorporate costs into a spending bill, involving the Congressional Budget Office.Also in this story
- The CBO has analyzed the costs associated with the Iran war, specifically discussing the goals of Trump's administration.
- Michael Cloud and the Congressional Budget Office propose an act requiring cost estimates to be included in legislation.
The entities involved
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Peterson Institute for International Economics
think tank based in Washington, DC, USA
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Congressional Budget Office
government agency
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
Related events
- Donald Trump pledged a large-scale deportation campaign in U.S. history.
- Deportation quotas are driving violence and lawlessness under the mass deportation campaign involving Trump and DHS.
- The administration is pushing forward a mass deportation agenda.
- Deportation policies are causing immigrant population declines, with the situation specifically involving Chicago Public Schools.
- A bill providing funding for a mass deportation agenda clears the Senate and heads to the House.