The CBO score was released as senators had already began voting on amendments to the legislation.
The Senate GOP tax plan will increase the deficit by more than $1.4 trillion over a decade, according to a new analysis by the Congressional Budget Office (CBO).
The CBO score comes as senators are already voting on amendments to the legislation and are expected to pass the bill in the early morning hours of Saturday.
The finding comes as GOP senators have largely ignored warnings that their tax plan would increase the deficit. Republicans argue that economic growth will more than make up for any increases to the national debt.
«At the end of the day, I am not able to cast aside my fiscal concerns and vote for legislation that I believe, based on the information I currently have, could deepen the debt burden on future generations,» he said earlier Friday.
