rich 1.0 House leaders unveiled their latest effort to give America a tax cut on Thursday, giving a clearer picture of who would get what if Republicans in Washington make good on one their biggest campaign promises. The Tax Cuts and Jobs Act, a top priority for President Trump, would mean lower tax bills for many middle-class Americans, with especially large cuts for many high-earners and small business owners. There are downsides, including adding $1.5 trillion to the U.S.'s debt over the next decade. TIME's Top Stories https://audioboom.com/channels/3380207-time-s-top-stories Audioboom https://audioboom.com 480 95 https://audioboom.com/i/30721886/600x600/c 600 600 <iframe width="100%" height="95" src="https://embeds.audioboom.com/posts/6454044/embed?v=202301" style="background-color: transparent; display: block; padding: 0; width: 100%" frameborder="0" allowtransparency="allowtransparency" scrolling="no" title="Audioboom player" allow="autoplay" sandbox="allow-downloads allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation"></iframe>