Trump Tax Cuts Could Add $4.6 Trillion to Deficit

$4.6 trillion

“The cost of extending the 2017 tax cuts for households, small businesses and the estates of wealthy individuals enacted under President Donald Trump has expanded to $4.6 trillion,” Bloomberg reports. “That puts a massive price tag on what is likely to be a top issue in Washington next year as lawmakers grapple with the future of Trump’s tax cuts, which are slated to expire at the end of 2025.”


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