30-04-2017 13:17 via wbrz.com

Pence acknowledges tax plan could raise deficit

WASHINGTON - Vice President Mike Pence is acknowledging the Trump administration's proposal to cut taxes could increase the deficit initially. But he contends it will pay for itself eventually after spurring more economic growth.When asked about the likelihood of a higher deficit, Pence told NBC's "Meet the Press": "Maybe in the short term."Pence touted the Trump plan as "one of the largest tax cuts in American history." He says it's needed to get the economy growing at 3 percent and to pay for
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