That's a slight increase compared with a prior estimate from the Congressional Budget Office that had been made just before Republicans made final tweaks to get the legislation passed.

The law will also "increase by 10 million the number of people without health insurance" over the coming decade, the nonpartisan Congressional Budget Office estimated.

A new Congressional Budget Office report projects President Trump's tax and spending law will add more than $3 trillion to the federal deficit over the next decade. Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget,