KANSAS CITY, Mo. — Republican lawmakers are expressing concerns about a bill that would add $3.3 trillion to the national debt, despite the party’s previous stance on reigning in spending.
The latest version of the bill would increase the national debt, even with proposed cuts, as the government would still need to borrow money to cover tax cuts extended to corporations and upper-class Americans, as well as spending for immigration reform and border wall construction.
“The way I used to describe it is it’s like having a chronic disease. You know you’re not facing a heart attack, you’re not gonna die of this, but you are sort of limited. You know, there are things you could do if you weren’t running this huge deficit and there are some things that would be paramount,” said Chris Kuehl, an economist with Armada Corporate Intelligence.
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While the increasing debt won’t…
