Big, Beautiful Tax Plan Now Costs $4 Trillion

$3.94 trillion

“House Republicans’ tax package is now expected to cost nearly $4 trillion, thanks in part to a last-minute deal to further increase a cap on state and local tax deductions,” Politico reports. “The legislation approved last week by the House is now anticipated to cost $3.94 trillion over the next decade, the official Joint Committee on Taxation said.”

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