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1
That comes after a tax cut also widely expected to
expand
the
deficit
.
2
Without accompanying spending reductions, the budget would hugely
expand
the
deficit
,
according to some estimates.
3
Democrats and fiscal-hawk Republicans will be concerned about how much Trump's proposals would
expand
the
deficit
.
4
So, on their own, the tax cuts being sought by Trump would hugely
expand
the
deficit
and add to the debt.
5
Brady says he does not expect the Republicans' new bill to be "revenue neutral," meaning it will
expand
the
deficit
.
6
Brady has said he does not expect the Republicans' new bill to be "revenue neutral," meaning it would
expand
the
deficit
.
7
But analysts warn that
expanding
the
deficit
would undermine economic growth by raising the federal debt burden and forcing interest rates higher.
8
A top issue for debate is whether tax reform should avoid
expanding
the
deficit
by including policy changes that pay for tax cuts.
9
Gleckman said policymakers could pay for tax cuts by finding new sources of revenue to compensate for lower rates, rather than
expanding
the
deficit
.
expand
the
deficit
expand