The Logical Leftist
@logicallyleftist·273K subscribers·15.5K videos
Report: GOP Tax Plan Blows Up The Deficit, Bigly
Posted
December 13, 2017
Views
1,418
Likes
72
Comments
6
Engagement
5.50%
December 13, 2017
1,418
72
6
5.50%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
10:05Now PlayingHelp us cover the political revolution
"The tax bill House Republicans passed last month wouldn't produce enough revenue from economic growth to pay for itself, Congress's tax scorekeeper said in a 12-page report released Monday.
The economic growth resulting from the bill would lower the measure's revenue loss by more than $400 billion over 10 years. However, the bill would still cost about $1 trillion over a decade, even after accounting for those revenues, according to the Joint Committee on Taxation (JCT).
The report comes as House and Senate Republicans work to resolve the differences between their two tax bills and produce a final piece of legislation that they can get to President Trump's desk by the end of the year.
House Ways and Means Committee Chairman Kevin Brady (R-Texas) said Monday that he thinks the analysis reflects the fact that JCT "historically is a very conservative estimator of growth."
Shop at Amazon & support TYT Nation!
Like Our Facebook Page!
Subscribe to our Network PartnerThe Young Turks.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
