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flag The Committee for a Responsible Federal Budget warns Trump's proposed tax cuts could reduce federal revenue by up to $11.2 trillion, raising national debt.

flag The Committee for a Responsible Federal Budget warns that President Trump's proposed tax cuts could reduce federal revenue by $5 trillion to $11.2 trillion over the next decade. flag This could push the national debt to between 132% and 149% of GDP by 2035, up from nearly 100% currently, unless offset by spending cuts or other tax increases. flag Most of the cost stems from extending 2017 tax cuts set to expire in 2025.

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