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The GOP’s tax bill would add $1.7 trillion to the national debt over a decade, and would increase the country’s debt-to-GDP ratio by 5.9%, according to the Congressional Budget Office.

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No taxation without representation! Well something like that. The current Republican Congress has officially proposed a new tax system, which for America is a very big deal. Congress has not attempted to revamp the tax system since 1986.

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House Republicans on Thursday released their long-awaited legislation to overhaul the nation’s tax code, proposing major cuts to corporate and individual tax rates.

Good Thursday morning!

Here’s your Morning Briefing:

Tax Reform Legislation Set To Be Unveiled Today

Congressional Republicans are expected to unveil their plan to overhaul the nation’s tax code today. On Tuesday night, Republicans announced that they would delay the release of the legislation as they admitted they were still struggling to reach a consensus on the bill.

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A recent report by The Hill on October 17, says the FBI had furnished evidence that Hillary Clinton’s charitable foundation received $8.65 Million between 2008-2010 from Moscow during a deal which gave Moscow rights to 20% of U.S Uranium.