CBO Warns Estate Tax Repeal Will Add Billions to the Federal Deficit

As I have previously discussed, an estate tax repeal bill passed the House Ways and Means Committee in March. As the Republican backed bill receives consideration by the House, the nonpartisan Congressional Budget Office (CBO) has expressed that if passed the estate tax repeal would create an additional $270 billion in federal debt over the next ten years.

See Rebecca Shabad, GOP Estate Tax Repeal Would Add $269B to Deficits, CBO Says, The Hill, Apr. 8, 2015. 

Special thanks to Jim Hillhouse for bringing this article to my attention.