Debt reduction of ~$6B/year is rather minimal given trillion dollar annual deficits. “CBO estimates that Public Law 117-169 will result in a net decrease in th

Debt reduction of ~$6B/year is rather minimal given trillion dollar annual deficits. “CBO estimates that Public Law 117-169 will result in a net decrease in the unified deficit totaling $58.1 billion over the 2022-2031 period. That decrease in the deficit is estimated to result from an increase in direct spending of $50.6 billion and an increase in revenues of $108.7 billion.” https://www.cbo.gov/publication/58455 https://www.cbo.gov/publication/58455