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Republicans push to make permanent $4 trillion tax cuts, ignoring warnings it could raise national debt to 214% of GDP by 2054.
Republicans aim to extend and make permanent the $4 trillion tax cuts set to expire in 2025, despite a new CBO report warning this would raise the national debt to 214% of GDP by 2054, up 47 points.
The CBO also notes this could harm the economy and increase borrowing costs.
Republicans plan to claim the tax cuts don't add to costs, but the Senate parliamentarian may block this tactic.
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Los republicanos presionan para hacer recortes tributarios permanentes de $4 billones, ignorando las advertencias que podrían elevar la deuda nacional al 214% del PIB para 2054.