The GOP faces criticism for their proposed tax cuts, which are projected to cost $7 trillion over ten years, according to a new Congressional Budget Office analysis. This total includes $5.5 trillion from extending certain provisions of their 2017 tax law and an additional $1.5 trillion in new tax breaks aimed primarily at wealthy individuals and corporations. Critics, including several Democratic lawmakers, argue this financial burden will lead to devastating consequences for average Americans, including loss of health insurance and increased living costs.
The projected cost of the GOP agenda balloons to $7 trillion after adding Senate Republicans' call for $1.5 trillion in additional tax cuts.
The Republican handouts to billionaires and corporations will come at a staggering cost, and it's unconscionable that their plan to pay for those handouts includes kicking millions of Americans off their health insurance.
Collection
[
|
...
]