United States fiscal cliff - Wikipedia, the free encyclopedia: "Republican proposals
Congressional Republicans have proposed that the Bush tax cuts be extended in their entirety.[50] In August 2012, the CBO estimated that extending these tax cuts for the 2013–2022 time period would add $3.18 trillion to the national debt relative to the current law baseline, comprising $2.74 trillion in foregone tax revenue plus another $0.44 trillion for interest and debt service costs.["
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