Nonpartisan CBO says Trump's GOP tax bill will add nearly $4 trillion to U.S. debt
Mihaela Chircă
May 20 (UPI) -- The Republican-backed tax and spending bill would add trillions of dollars to the federal deficit and negatively affect the poorest of Americans, experts say. Tax policy proposed by U.S. President Donald Trump would add more than $3 trillion to the national debt, according to data released Tuesday by the nonpartisan Congressional Budget Office. The CBO found that the House Republican's budget proposal and its tax provisions would cut federal revenue by around 10% of America's
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