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Here’s why the cost of extending Trump’s tax cuts just surged by nearly $1 trillion

Alternet.org
Summary
Nutrition label

75% Informative

The U.S. Treasury Department estimates the 10-year cost of extending the tax cuts at $5.5 trillion .

That's a significantly higher number than the Congressional Budget Office's $4.6 trillion estimate.

Nearly 40 provisions in the 2017 tax cut law are set to expire this year , and could blow a bigger hole in the federal budget.

VR Score

75

Informative language

72

Neutral language

37

Article tone

formal

Language

English

Language complexity

67

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links