Joint Committee on Taxation estimates GOP tax plan impact around -$3.94 trillion

The Joint Taxes Committee – a non -partisan committee in the US Congress – indicated that the impact of the estimated revenue for the Republican Party’s tax plan will be approximately 4 trillion dollars in negativity over a decade.

A document issued by the committee puts the net effects of revenue estimated -3.939368 trillion dollars for the financial years 2025-2034.

“The problem of all these studies is that it deliberately ignores the current tax policy. You cannot do this and be taken seriously,” the official administration and budget office indicated.

Fox News Digital communicates to the Joint Committee on Taxes for Comment, but no comment has been made at the time of publication.

The Republican Party Against “Dim’s allegations” starkly “over the reform of Midikid in the” Grand and Beautiful Bill “of Trump

The House of Representatives, which is controlled by the Republican Party, passed the one beautiful bill last week, even with the presence of US national debt for more than 36 trillion dollars.

This procedure cleared the room with the voices of democracy zero, and two Republicans in the House of Representatives – representatives Thomas Massi from Kentucky and Warne Davidson from Ohio – voting against it.

The Speaker of the House of Representatives, Representative Andy Harris, RMD, voted present, explaining in a statement, “I voted to transfer the bill in the president’s process.

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Some Senate Republicans indicated that they will not be ready to support this procedure because it comes out of the House of Representatives.

Elon Musk is not happy with her either. The businessman said during an interview with “CBS Sunday Morning” that “he is disappointed to see the Green spending bill”, and that this procedure undermines the work of the government competence team.

President Donald Trump said about the procedure when he was asked about Musk’s comments: “I am not happy with certain aspects of it, but I feel overwhelmed by other aspects of it.”

Last week, Trump praised the House of Representatives for the proposal, and called for the Senate’s passing as well.

“Wonderful work by spokesman Mike Johnson and the leadership of the House of Representatives, and thanks to every Republican who voted yes on this historic draft law! Now, it’s time for our US Senate friends to reach work, and send this law to my office as soon as possible!” The president announced in part of the real social position last week.

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“I see some of the self -described liberals standing with left -wing bureaucrators at the Central Bank of Oman who claim that the big beautiful bill” will explode debts. “This is fully based on CBO that the extension of the current tax rates (not raising) will cost the government $ 4 trillion in revenues.

“Since when did the liberals have argued that the failure to raise taxes” government money? Special funds that have not yet been obtained, do not “belong” to the government. This is a collective democratic argument and I was shocked by the vision of the liberation. Immigration*, “I declare.