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At Budget Hearing, Boyle Highlights How Republican Economic Proposals Will Explode the Deficit
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12/11/2024, 4:35 PM
Video Description
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, delivered remarks at a Budget Committee hearing on nation’s fiscal health. At the hearing, Boyle discussed how Republican economic proposals will explode the deficit. In particular, he highlighted that according to the nonpartisan Congressional Budget Office (CBO), extending the Trump tax cuts would add $4.6 trillion to the deficit. These tax cuts would disproportionately benefit billionaires and large corporations, and according to CBO, would not help grow the economy, contrary to Republican claims. For more information, visit https://democrats-budget.house.gov/legislation/hearings/republican-hearing-sounding-alarm-pathways-and-possible-solutions-us-fiscal
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