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New tax cuts projections predict it won't pay for itself

House Speaker Paul Ryan (R-Wis.) left, and Senate Majority Leader Mitch McConnell, (R-Ky.), right, listen as President Donald Trump speaks. Photo: Evan Vucci / AP

Just days away from a crucial vote on the GOP's tax overhaul package, The Tax Foundation and Committee for a Responsible Federal Budget have released new analyses breaking down the estimated cost of the bill.

By the numbers: The conservative Tax Foundation predicts the plan will increase the federal deficit by $1.47 trillion, or $448 billion when you factor in economic growth; while the group of budget hawks say it could end up costing $2.2 trillion, or $1.5 trillion including economic growth.