Trump's Treasury Department Admits Tax Cuts Don't Pay For Themselves

When the House and Senate passed different versions of a bill to slash corporate tax rates and eliminate the deductions millions of people depend upon, GOP lawmakers insisted that the bill would pay for itself and then some. They presented no evidence to back up this claim, and multiple reports from government experts and outside groups found instead that the bills would increase the federal deficit by at least $1 trillion.

The Treasury Department promised to release an analysis ahead of...

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