The Donald’s Giant, Ugly, Biggest-Ever…Budget Buster! Part 2
In theory there are trillions of tax expenditures that could be eliminated over the next decade to pay the $6 trillion cost of the Donald's tax cuts and reforms. After all, CBO's most recent estimate indicated all tax expenditures combined now amount to about 8% of GDP, meaning that over the next decade the revenue loss would be about $19 trillion. So, yes, you could finance some kind of rate cut bonfire with that!