3 septembre 2026

U S taxpayers set t0 receive ‘largest tax refund’ in hist0ry due t0 Trump’s ‘0ne Big Beautiful Bill’

The CBO went on to note that if the Trump administration moves to formally rename the Department of Defense to impact all areas through legislation in Congress, the cost could be significant.

« If phased in gradually and limited to [the Office of the Secretary of Defense], incremental costs could be similar to the range of costs for an unofficial name change, » the report revealed.

« If, however, implementing agencies chose to mandate an immediate change across all materials, costs could reach hundreds of millions of dollars. »)
The CBO, said it is trying to ‘provide objective, nonpartisan information’ to Congress right now, but due to the Department of Defense allegedly not having provided details of how it has been implementing changes since the September executive order came into place, or how it plans to continue implementing changes if the new name becomes a formal change, it cannot supply a true estimate of costs.

What can been seen, in terms of changes, is that Hegseth’s office door sign has been replaced with a ‘Secretary of War’ sign and the Pentagon’s website has changed from ‘defense.gov’ to ‘war.gov’.

This Independence Day, Donald Trump has double the reason to celebrate.

That’s because today (Friday, July 4), the US president is signing off his ‘big beautiful bill,’ which was passed in Congress on Thursday (July 3).

Representatives approved the bill with a 218-214 vote.

« There can be no better birthday for America than the phenomenal victory we achieved just hours ago when Congress passed the big, beautiful bill to make America great again, » Trump told crowds at a rally in Des Moines, Iowa.

The almost 1,000-page budget revamp is set to add some $3.4 trillion to the country’s national debt (which currently stands at $36.2 trillion) over the next decade.

Among other things, it’s set to deliver tax breaks Trump promised when he was running for president in 2024, while also cutting health and food safety programmes.Tech billionaire Elon Musk is among those speaking out against the bill. The pair’s partnership has been volatile following a series of fallings out.

Continue on the next page:
Advertisement
Share on Facebook