The GOP’s tax bill is shaping up to be just as disastrous for America as the GOP’s failed Obamacare repeal. The Congressional Budget Office (CBO) has finished scoring the measure, and it’s ugly.

The CBO’s analysis concluded that the measure would add $1.4 trillion to the deficit and wreak havoc on poor Americans. Meanwhile, the president is telling everyone that the bill is a massive win for everyone. Considering Trump stands to save millions if the bill passes through the Senate, he’s willing to say anything to sell it.

Via the Washington Post:

By 2019, Americans earning less than $30,000 a year would be worse off under the Senate bill, CBO found. By 2021, Americans earning $40,000 or less would be net losers, and by 2027, most people earning less than $75,000 a year would be worse off. On the flip side, millionaires and those earning $100,000 to $500,000 would be big beneficiaries, according to the CBO’s calculations.

The main reason the poor get hit so hard in the Senate GOP bill is because the poor would receive less government aid for health care.