Vice President JD Vance on Thursday baselessly dismissed a recent report that exposed the regressive nature of the administration’s economic agenda.
During a Thursday visit to Georgia, a reporter with Atlanta News First asked the vice president to justify the fact that, according to a new report from the nonpartisan Congressional Budget Office, Trump’s spending plan will exacerbate the wealth gap.
According to the report, the so-called One, Big Beautiful Bill Act will cost the poorest Americans an estimated $1,200 per year from 2026 to 2034, while furnishing the richest with an extra $13,600.
Vance’s reply?
Sometimes, he said, the CBO’s reports are “absolutely atrocious, and I think this is a good example of a very atrocious report.”
To defend the claim, he pointed to the bill’s temporary no-tax-on-tips and no-tax-on-overtime provisions (which were, according to the Washington Center for Equitable Growth, “designed in ways that limit their benefits for less affluent taxpayers”).
Most importantly, Vance said, Trump’s policies will keep jobs in the United States. But rather than explain how, he provided a quite circular argument: “That is the very best thing for the people at the bottom of the income ladder, and that’s why we have the economic policies that we do.”
The vice president went on to tout the president’s mass deportation campaign.
Last month, when Vance was rallying for the bill’s passage, he described its impact on the federal budget (as measured by the CBO) and its historic cuts to the social safety net (“the minutiae of the Medicaid policy,” as he put it) as “immaterial,” in light of the billions it puts toward Trump’s draconian immigration agenda.
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