National Debt Will Likely Swell Under Top GOP Hopefuls' Tax Plans

02/23/2012 06:29 am ET | Updated Mar 02, 2012

The national debt is likely to balloon under tax policies championed by three of the four major Republican candidates for president, according to an independent analysis of tax and spending proposals so far offered by the candidates.

The lone exception is Texas Rep. Ron Paul, who would pair a big reduction in tax rates with even bigger cuts in government services, slicing about $2 trillion from future borrowing.

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