Senate's McConnell says tax bill should be revenue neutral

Senate's McConnell says tax bill should be revenue neutral

AARON P. BERNSTEIN

The Trump administration's tax plan promises up to $6 trillion in tax cuts but will increase the federal deficit by $1.5 trillion over the next decade. Asked on CNN's "State of the Union" if it abandons the revenue-neutral goal, McConnell said: "No, actually we're not because that's a rather conservative estimate of how much growth you'll get out of this pro-growth tax reform."

(Reporting by Doina Chiacu; Editing by Dan Grebler)

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