The House Ways and Means Committee narrowly voted in favor of Trump's tax reform bill, which is expected to face more challenges in the full House and Senate. This bill has drawn criticism for favoring the wealthy and adding to the national debt.
Read the latest analysis from the Congressional Budget Office (CBO) on the impact of the tax bill signed into law in December 2017.
A non-partisan analysis reveals that the Trump tax bill and immigration plan could add $550 billion in interest payments to the national debt over the next decade, bringing the total interest on the debt to $2 trillion by 2028.
