GOP’s Plan to Give Tax Breaks to the Rich Is Now Projected to Cost $7 Trillion

A new analysis indicates Republicans’ plan to extend soon-to-expire provisions of their party’s 2017 tax law, as well as their push to tack on additional tax breaks largely benefitting the rich and big corporations, would cost $7 trillion over the next decade, a figure that a group of congressional Democrats called “staggering.” The analysis from the nonpartisan Congressional Budget Office…

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