House Tax Cut would add $1 trillion to deficit

Here is the latest market news from Wholesale Direct Metals. The tax overhaul legislation that Paul Ryan shepherded through the House — the Senate takes up its version this week — would add at least $1 trillion to budget deficits over the next decade, even when accounting for economic growth, according to independent tax analysts. Ryan’s willingness to look past that, and his ability to successfully persuade his members that these analyses are flawed, shows how important the tax measure has become to Republicans. Wholesale Direct Metals complaints about the financial markets are confirmed in this latest data.