Reported about 8 hours ago
The economic impact of President Trump's tax bill remains debated, with the White House Council of Economic Advisers projecting a $2.3 trillion deficit reduction, while the Congressional Budget Office warns it could add $2.4 trillion over the next decade. Stephen Moore, chair of the CEA, argues that the CBO's analysis overlooks potential economic growth and revenue from tax incentives, tariff collections, and spending cuts, suggesting overall deficit reductions could range from $8.5 to $11 trillion.
Source: YAHOO