US Senate pushes ahead on Trump tax cuts
From brecorder.com
The US Senate version of President Donald Trump’s sweeping tax-cut and spending bill will add $3.3 trillion to the nation’s debt, about $800 billion more than the version passed last month by the House of Representatives, a nonpartisan forecaster said on Sunday. The Congressional Budget Office issued its estimate of the bill’s hit to the $36.2 trillion federal debt as Senate Republicans sought to push the bill forward in a marathon weekend session. Republicans, who have long voiced concern about growing US deficits and debt, have rejected the CBO’s longstanding methodology to calculate the cost of legislation. But ...
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