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![patrickbec Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::223378541.png) Patrick [@patrickbec](/creator/twitter/patrickbec) on x XXX followers
Created: 2025-07-23 10:55:39 UTC

That’s wrong. We are still running a ~$2T budget deficit. The $1.6T in savings in the OBBB is over TEN years, so on average $160B a year. If it is applied uniformly over the ten years, it could drop the deficit to $1.84T in FY26. Add in $400B in tariff revenue, it goes down to $1.44T. We still have a huge problem but at least it’s directionally better than it would I have been under Biden (assuming Biden extended the Trump tax cuts since not doing so would lead to a recession).


XX engagements

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**Related Topics**
[joe biden](/topic/joe-biden)
[$144t](/topic/$144t)
[tariffs](/topic/tariffs)
[$400b](/topic/$400b)
[$184t](/topic/$184t)
[$160b](/topic/$160b)
[savings](/topic/savings)
[$16t](/topic/$16t)

[Post Link](https://x.com/patrickbec/status/1947973880489935224)

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patrickbec Avatar Patrick @patrickbec on x XXX followers Created: 2025-07-23 10:55:39 UTC

That’s wrong. We are still running a ~$2T budget deficit. The $1.6T in savings in the OBBB is over TEN years, so on average $160B a year. If it is applied uniformly over the ten years, it could drop the deficit to $1.84T in FY26. Add in $400B in tariff revenue, it goes down to $1.44T. We still have a huge problem but at least it’s directionally better than it would I have been under Biden (assuming Biden extended the Trump tax cuts since not doing so would lead to a recession).

XX engagements

Engagements Line Chart

Related Topics joe biden $144t tariffs $400b $184t $160b savings $16t

Post Link

post/tweet::1947973880489935224
/post/tweet::1947973880489935224