Adviser Peter Navarro said Wednesday on Newsmax that the administration’s proposed tax plan — dubbed the “big, beautiful bill” — will generate a $2 trillion surplus over the next decade, challenging deficit projections from the Congressional Budget Office and downplaying concerns over rising federal spending.

Navarro, senior counselor to President Donald Trump on trade and manufacturing, said the administration’s proposed budget package would result in a multitrillion-dollar surplus despite warnings from economists and lawmakers about growing federal deficits.

Appearing on “Rob Schmitt Tonight,” Navarro strongly criticized the Congressional Budget Office’s analysis of the bill and said its modeling fails to reflect realistic economic growth or tariff revenues.

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