The cost of Trump's tax reform bill is high! The CBO estimates that it will increase the federal debt by $2.8 trillion over ten years.

According to the AI Financial APP, a joint evaluation released by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) recently showed that if Trump's spending and tax reform bill is ultimately implemented, it will increase the federal debt by $2.8 trillion in the next decade.