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Author Archives: Committee for a Responsible Federal Budget

CRFB: Final Tax Bill Could End Up Costing $2.2 Trillion

by Committee for a Responsible Federal Budget December 18, 2017

December 18, 2017 – The final conference committee agreement of the Tax Cuts and Jobs Act (TCJA) would cost $1.46 trillion under conventional scoring and over $1 trillion on a dynamic basis over ten years, leading debt to rise to between 95 percent and 98 percent of Gross Domestic Product (GDP) by 2027 (compared to […]

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