01-05-2017 20:07 via rocketnews.com

Vice President Mike Pence admits Trump's tax plan could increase deficit

Donald Trump’s proposed tax plan could increase the national deficit, his Vice President Mike Pence has admitted.
Mr Pence admitted that the US could go into the red “in the short term”, adding that if they could not get the economy growing at a rate of 3 per cent “we are never going to meet the obligations that we’ve made today.”
The White House has released a one-page outline of their tax plan, which includes proposals to cut the business tax rate to 15 per
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