MEMO: The One Big Beautiful Bill Improves the Fiscal Trajectory

TO: White House Communications StaffFROM: Office of Management and Budget StaffSUBJECT: The One Big Beautiful Bill Improves the Fiscal TrajectoryTopline: The One Big Beautiful Bill Act (OBBB) significantly improves our nation’s fiscal trajectory by including $1.7 trillion in mandatory savings—the most in United States history—and unleashing economic growth with the implementation of President Trump’s tax policies. Upon enactment of the OBBB, the Trump Administration will have embarked on actions that reduce deficits by at least $6.6 trillion over 10 years.Highest Level of Mandatory Savings in History: The OBBB dwarfs the mandatory savings included in the high-profile deficit reduction bills of...