$5 trillion question for Trump tax plan: How to pay for it?
WASHINGTON (AP) — How do you pay for an estimated $5.8 trillion tax cut?
For President Donald Trump and Republican congressional leaders, that is the mostly unanswered $5,800,000,000,000 question.
The plan they released Wednesday took a first step toward outlining how Republicans propose to cover some of the monumental cost over the next 10 years, mainly by removing certain tax breaks. But even those proposed changes were left vague — and wouldn't remotely pay the full cost of the tax cut.
The administration says it would eliminate most personal tax breaks. Possibly gone would be people's... read more
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