Saturday, April 13, 2024
HomepoliticsGOP tax cut plan would add $1.7 trillion to the deficit, CBO...

GOP tax cut plan would add $1.7 trillion to the deficit, CBO projects

  • The amended House Republican tax plan will increase budget deficits by $1.7 trillion over 10 years, according to the CBO.
  • It will also cause U.S. debt to rise more than current projections, the CBO said.
  • The House is looking for other ways to raise revenue to offset tax cuts.

RELATED ARTICLES
- Advertisment -

Most Popular