The Tax Cuts Were Supposed to Pay for Themselves. Here Is What They Actually Cost.

The claim that the 2017 Tax Cuts and Jobs Act would pay for itself was testable, and it failed: the CBO scored it at roughly $1.9 trillion added to deficits, federal receipts fell as a share of the economy, and the promised $4,000-$9,000 household income boost arrived as a statistically insignificant $553. Priya checks the math against the scorekeeper.