New Tax Plan

Trump’s New Tax Plan Could Cost the US $4.5 Trillion

Trump’s New Tax Plan Could Cost the US $4.5 Trillion, Republicans Reveal

Anthony Lane

Trump’s new tax plan could cost the U.S. $4.5 trillion, with Republicans proposing massive tax cuts while raising the federal debt ceiling. Will this drive economic growth, or will it deepen the national deficit? Read our expert breakdown on who benefits, what’s at stake, and what happens next.