Independent analyses found tax cuts caused $779bn deficit to balloon but Republican cited health and retirement benefits
A day after the treasury department announced the federal budget deficit had reached $779bn, Senate majority leader Mitch McConnell said popular government programs, not massive tax cuts passed by Republicans last year, were to blame.
Independent analyses have found the tax cuts have caused the deficit to balloon faster than predicted. In an interview with Bloomberg News on Tuesday, however, McConnell rejected that argument.
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