Extending High-Income Tax Cuts Would Balloon Deficit

$3.9 trillion

Amount extending the Bush tax cuts for high-income households would add to the deficit over the next 10 years. The increase would, “slow future economic growth, saddle future generations with sizable interest payments, and leave the nation ill-prepared not only for the retirement of baby boomers but also for responding to potential future crises…”


Leave a Reply

Your email address will not be published. Required fields are marked *