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Commentary: The elephant in the room is what the tax bill will do to the national debt

The statement that the tax cut legislation ‘will pay for itself’ must be taken on faith.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, center, embraces Senate Finance Committee Chairman Orrin Hatch, R-Utah, left, as House and Senate conferees after GOP leaders announced they have forged an agreement on a sweeping overhaul of the nation's tax laws, on Capitol Hill in Washington, Wednesday, Dec. 13, 2017. Rep. Richard Neal, D-Mass., ranking member of the House Ways and Means Committee, looks on at far right. Democrats objected to the bill and asked that a final vote be delayed until Senator-elect Doug Jones of Alabama is seated. (AP Photo/J. Scott Applewhite)

House Ways and Means Committee Chairman Kevin Brady, R-Texas, center, embraces Senate Finance Committee Chairman Orrin Hatch, R-Utah, left, as House and Senate conferees after GOP leaders announced they have forged an agreement on a sweeping overhaul of the nation's tax laws, on Capitol Hill in Washington, Wednesday, Dec. 13, 2017. Rep. Richard Neal, D-Mass., ranking member of the House Ways and Means Committee, looks on at far right. Democrats objected to the bill and asked that a final vote be delayed until Senator-elect Doug Jones of Alabama is seated. (AP Photo/J. Scott Applewhite)