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…


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