CBO: GOP Tax Bill Would Add $1.7 Trillion To Debt

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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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House Republicans Unveil Sweeping Tax Overhaul

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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.

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