GOP tax cut plan would add $1.7 trillion to the deficit, CBO (Congressional Budget Office) 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.
Click to read the article:
About the CBO