- The Congressional Budget Office released a new estimate showing the GOP tax law will add $1.9 trillion to the federal debt over the next 10 years.
- GOP Sen. Bob Corker, who ultimately voted for the final package despite concerns about the deficit and debt, was not happy to hear this.
- "If it ends up costing what has been laid out here, it could well be one of the worst votes I’ve made," Corker said.
ADVERTISEMENT
Top Republican senator says voting for the GOP tax law could be 'one of the worst votes I’ve made'
Republican Sen. Bob Corker is not happy with the possibility that the GOP tax law will add a massive amount of debtover the next 10 years.
ADVERTISEMENT
Recommended articles
GOP Sen. Bob Corker is having second thoughts about his vote on the new tax reform law, now that there's a clearer price tag for the bill.
During a Senate Budget Committee hearing with the Congressional Budget Office, Corker bemoaned the large amount of new federal debt that is projected to pile up due to the new law.
"
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Congo is spending 22% of its scarce revenue on security - Minister
Another African country is set to get a Russian embassy
Medic West Africa 2024: A resounding success in fostering collaboration and innovation for a brighter healthcare future
10 African countries with the most troubling external debt in 2024
10 African countries with the least soft power influence over the world
Kenyan government rejects calls to ban TikTok, recommends tighter control over
Congo accuses Apple of conflict minerals in its supply chain
Top 10 African countries with the highest fuel prices in April 2024
