GOP tax proposals could add $9 trillion to nation’s deficits: Analysis

A menu of tax cut proposals made by President Trump and Republicans could add north of $9 trillion to the nation’s deficits over the next decade without offsets, a recent analysis from the Peter G. Peterson Foundation has found. 

In the report updated this week, the nonpartisan budget watchdog said the batch of GOP-backed tax cut proposals seen in recent months would increase the nation’s deficits by $9.1 trillion over 10 years, if not offset with spending cuts or tax increases. The calculation also includes related interest costs...