Republicans' $3.8 Trillion Tax-Cut Mask Sparks Concerns

1 min read
Source: Bloomberg
Republicans' $3.8 Trillion Tax-Cut Mask Sparks Concerns
Photo: Bloomberg
TL;DR Summary

Senate Republicans are using a fast-track process to make Trump's 2017 tax cuts permanent, potentially hiding a $3.8 trillion cost and setting a precedent that could undermine fiscal responsibility, raising concerns among economists and policymakers about long-term US debt and budget transparency.

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