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11-30-2017, 06:55 PM
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"The Senate GOP tax bill won't produce enough economic growth to fully pay for its tax cuts, the Joint Committee on Taxation (JCT) said in an analysis released Thursday.
The bill's macroeconomic effects would reduce the deficit by $408 billion over 10 years, but the bill overall would still cost about $1 trillion, the JCT said."
JCT says Senate tax bill will add $1T to deficits, even with growth | TheHill
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