How Much Will Tax Bill Add to Deficit? CBO May Answer by Nov. 6
House Passes Budget Setting Up Heated Tax Debate
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House Ways and Means Chairman Kevin Brady said he expects an official score on how much the Republican tax bill will add to the U.S. budget deficit before his panel approves it.
The Texas Republican said a traditional static score -- which doesn’t consider how tax cuts could affect behavior -- would be released before or during his panel’s mark up of the bill. He said a so-called dynamic score, which assumes macroeconomic benefits due to tax cuts, will come after the bill clears the panel.