Trump Tax Cuts' Cost Estimated at $5 Trillion to $11 Trillion [View all]

Trump’s tax cut wish list would cost would the federal government between $5 trillion and $11.2 trillion in lost revenue over the next decade, according to a new analysis from a budget watchdog group.

https://www.yahoo.com/news/trump-tax-cuts-cost-estimated-152108816.html

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Republican tax cuts are the driving force behind the country’s worsening fiscal outlook.

If not for the Bush tax cuts and their extensions — as well as the Trump tax cuts 2020— revenues would be on track to keep pace with spending indefinitely, Instead, these tax cuts have added $10 trillion to the debt since their enactment and are responsible for 57 percent of the increase in the debt ratio since 2001

https://finance.yahoo.com/news/gop-tax-cuts-driving-us-160437971.html

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Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years The “King of Debt” promised to reduce the national debt — then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president. https://www.propublica.org/article/national-debt-trump

The national debt has risen by almost $7.8 trillion during Trump’s time in office

TRUMP HAD THE THIRD-BIGGEST PRIMARY DEFICIT GROWTH, 5.2% OF GDP, BEHIND ONLY GEORGE W. BUSH (11.7%) AND ABRAHAM LINCOLN (9.4%).--All Republicans