A controversial plan by U.S. Senate Republicans to make President Donald Trump's 2017 tax cuts permanent by ignoring the cost to the deficit is raising warnings from party fiscal hawks and independent analysts of a potential "debt spiral" that could undermine economic growth.

Pretending trillions of dollars in high-end tax cuts are free may be convenient for the GOP, but it’s extremely dishonest.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Why not tax cuts too? Republicans are readying an untested and aggressive move—a blatant gimmick, critics say—that would declare that Congress can extend expiring tax cuts and record no costs. House Republicans didn’t attempt the maneuver in the budget they passed this week.

Neb., discusses how GOP senators are reviewing the House budget bill on ‘Maria Bartiromo’s Wall Street.’ Doug Ford's landslide win sets stage for Trump fight NFL confirms huge change in football after Josh Allen and Bills complained that referees favored Chiefs in playoffs Macron Raises Prospect of New European Nuclear Weapon Why gold prices could hit $3,