The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.

The Congressional Budget Office (CBO), for instance, found that it would add $3.4 trillion to the debt by the end of 2034. The national debt currently stands at more than $36 trillion. The Cato report,

President Donald Trump's tax-cut and spending bill, which passed Congress on Thursday, averts the near-term prospect of a U.S. government default but makes America’s long-term debt problems even worse.