Trump tax cuts would add $3.8 trillion to debt: CBO
President Trump's tax policies would add roughly $3.8 trillion to the national debt, according to an analysis released Tuesday by the Congressional Budget Office (CBO).
The tax provisions of the House GOP's "one big, beautiful bill" to implement Trump's domestic policy agenda would slash federal revenues by roughly 10 percent of the current national debt over the next 10 years, the CBO found.
House Republicans are racing to finalize and pass the sweeping policy bill by Memorial Day...