This New Tax Deal Will Tack $700 Billion onto the National Debt

The new tax deal being debated in Congress comes with a 10-year price tag of about $700 billion. It's likely to pass before the end of the year. With it comes new provision extensions - many permanent - that are backed by both the GOP and the Democratic party. While all this love and peace is nice, the new tax plan will make the national debt balloon even more.... Tags: congress tax deal , national debt 2015 , national debt 2016 , new tax credits , new tax deal , new tax package , tax credits , Tax Deal , tax deal 2015 , tax deal 2016 , Tax Package , tax provisions To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This New Tax Deal Will Tack $700 Billion onto the National Debt appeared first on Money Morning - We Make Investing Profitable .