Analyses of Trump's tax bill show increased deficits and potential healthcare coverage losses for millions. Independent evaluations dispute claims of debt reduction. Focus on economic impacts and healthcare.
Analyses project the spending bill, featuring tax cuts, will significantly increase the federal deficit by $3-4 trillion over the next decade, despite claims of $1.6 trillion in savings from spending cuts. The bill's impact remains a moving target.
The potential expiry of Tax Cuts and Jobs Act is analyzed. While a large dollar amount, experts say it wouldn't be the largest rise in history as a GDP percentage. Historical context and alternative metrics are considered. Tax policy changes impact individuals.
