May 25, 2017

Trump Tax Plan Should be Deficit Neutral

May 3, 2017
Mankato Free Press


The non-partisan Concord Coalition, which advocates for deficit reduction, says the estimated $5.5 trillion tax cut would likely grow the federal deficit from $9.5 trillion to nearly $15 trillion over the next 10 years. The group argues there is no non-partisan study or historical background that would suggest any kind of estimated economic growth would overcome these deficits.