Rep. Kevin Brady (R-TX), a lead architect of the GOP tax bill, suggested the tax cuts may not fully pay for themselves, contradicting a promise Republicans made repeatedly while pushing the law in late 2017, the Washington Post reports.
Pressed about what portion of the tax cuts were fully paid for, Brady said it was “hard to know.”
“The federal government’s deficit typically shrinks during strong economic times, but the deficit is up nearly 40 percent so far this fiscal year, according to the latest Congressional Budget Office report released Friday.”
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