McConnell, Warning of ‘Dangerous’ Debt, Wants Tax Cut Offsets
by Steven T. Dennis and Sahil Kapur December 12, 2016- Senate leader also opposes $1 trillion infrastructure stimulus
- Deficit hawks have warned Trump’s proposals would add to debt
“I think this level of national debt is dangerous and unacceptable,” McConnell said, adding he hopes Congress doesn’t lose sight of that when it acts next year. “My preference on tax reform is that it be revenue neutral,” he said.
During a news conference, McConnell also poured cold water on the idea of a massive stimulus package, effectively laying out markers on taxes and spending that that could cramp Trump’s ambitions.
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