- The Washington Times - Wednesday, November 8, 2017

The Congressional Budget Office scored the House Republican tax plan Wednesday, estimating it would add $1.7 trillion to the national debt over the next 10 years, The Hill reported.

The CBO also determined that the debt-to-GDP ratio would rise to 97.1 percent, about 6 points higher than the current estimate of 91.2 percent.

The deficit issue is one that will likely be a problem for Republicans as the Senate continues working on their tax proposal.

In the House, 20 Republican lawmakers refused to support their version of the proposal because of the additional cost of the deficit and the elimination of state and local tax deductions in high-tax areas.

Senate Democrats met Tuesday with members of the Trump administration to discuss the tax plan. President Trump also called in to join from his overseas trip to Asia.

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