Trump administration projects 50 % federal deficit over the next decade

Exclusive: The Trump administration said on Friday that the federal deficit will be reduced by the federal deficit over the next ten years, attributing the discounts to a comprehensive package of spending discounts, new commercial tariffs and organizational declines that were completed in the first six months of President Donald Trump’s second term.

In the coming fiscal year 2026, the mid -session review, which Fox News Digital, the management and budget office (OMB) estimated that the government will accumulate $ 15.7 trillion of the cumulative deficit between 2026 and 2035, a decrease from previous expectations of $ 31.5 trillion.

In other words, the president Donald Trump Budget officials expect a 50 % decrease in the country’s deficit over the next decade.

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“The tax reform is supportive of growth, fair and mutual trade, the release of US energy, reducing regulations and restricting the economic growth of spending and reducing deficit,” a senior administration official, who spoke on the condition of anonymity, told Fox News Digital.

OMB is largely attributed to a decrease from $ 31.5 trillion to 15.7 trillion dollars to Trump’s teacher A single beautiful invoice work (OBB) that passed July 4.

Administration officials estimate that legislation alone will provide nearly a trillion dollars, with most savings caused by medical aid repair.

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The administration says that the law will save about $ 1 trillion by slowing Medicaid, which is the health program for low -income Americans, by tightening the rules of eligibility and asking countries to cover a greater share of costs. Supporters argue that these changes will make Medicaid more sustainable while keeping them available to the disabled, children, pregnant women and working adults.

This procedure also re -tolerance of the student loan and stresses the rules of supplementary nutrition aid program (SNAP).

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In addition to the expected savings from the OBB, budget expectations also attribute a decrease of $ 15.8 trillion in deficit over the next ten years to Trump’s commercial policies.

His trade policy in Trump’s economic field, his trade policy uses dense definitions as a tool to generate revenue and financial leverage on foreign commercial partners.

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The administration says that the United States raised $ 136 billion of customs duties from the beginning of the fiscal year 2025 to July. The number represents an increase of 116 % compared to the same time period last year.

Expectations also expect that the customs tariff revenues will add approximately $ 5 trillion over the next decade, or about 3.9 trillion dollars more than the baseline estimates.

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While Trump administration officials argue that definitions will reduce chronic trade imbalances, the revival of American local manufacturing and the promotion of national security, critics warn that high customs tariffs can raise costs for American consumers, call for revenge abroad, and the risks that have not been addressed in budget assumptions.

Expectations assume the full implementation of Trump’s policies without a legal, political or economic reaction. External analysts warn that expectations depend on aggressive assumptions that may be difficult to understand.

“The Congress Budget Office (and many other analysts) suffers from a significant increase, not the decline, if our current path is unchanged. For example, OBBA is supposed to add to the same management to the deficit, not to reduce it. “

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the Congress Budget Office He refused to comment on the numbers presented in this story.

However, Kedia added that although the numbers seem “heavily optimistic”, “Trump administration’s efforts” to reduce federal debts are welcome, and it will be great to return to the path of reasonable spending.