Horribly inaccurate CBO estimates House GOP tax bill would add $1.7 trillion to debt

The Congressional Budget Office scored the House Republican tax plan Wednesday, estimating it would add $1.7 trillion to the national debt over the next 10 years, The Hill reported. The CBO also determined that the debt-to-GDP ratio would rise to 97.1 percent, about 6 points higher than the current estimate of 91.2 percent. The deficit issue…


Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com