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The GOP tax plan means short-term gains for the economy, but federal debt is primed to explode, CBO analysis says

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www.cnbc.com/2018/04/09/the-gop-tax-plan-means-short-term-gains-for-the-economy-but-federal-debt-is-primed-to-explode-cbo-analysis-says.html

April 9, 2018

The Republican overhaul of America's tax code and increased government spending are projected to boost economic growth to 3.3 percent this year but push the national debt to nearly the same size as gross domestic product by 2028, according to government data released Monday.

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