Nets Decry ‘Lost Revenue’ in Tax Plan; Fear Financial ‘Windfall’ for Trump

Kyle Drennen | April 26, 2017
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More in the cross-post on the MRC's NewsBusters blog.

On Wednesday, the network morning shows responded to President Trump’s tax reform plan with the standard liberal rhetoric employed whenever Republicans call for tax cuts: How are you going to pay for this massive loss of government revenue?! The ABC and NBC broadcasts also feared the plan would help Trump financially (as it would for all Americans).

At the top of ABC’s Good Morning America, co-host George Stephanopoulos breathlessly announced that the President was “calling for sweeping cuts” in taxes, followed minutes later by correspondent Cecilia Vega sounding the alarm: “The opposition already in overdrive. One estimate says an early version of the President’s plan could cost as much as $6 trillion in lost revenue over ten years.”    

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