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Monday Night Jam: Bill Laurance, "Swag Times"

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lawhawk7/12/2016 10:04:24 am PDT

So, the Tax Foundation did a study of the GOP proposed tax reform package:

Those are the highlights, but here’s teh bottom line. It would add $2.4 trillion in debt (over 10 year period). GOP wants everyone to use dynamic scoring, but even there, it’d add $191 billion to debt.

It’s a tax redistribution plan, and the assumptions are such that major budget cuts would be necessary to avoid the debt suggested by the plan.

It’s less batcrap insane than Trump’s tax plan. Trump’s plan would add more than $10 trillion to debt, or a couple trillion using dynamic scoring.