I don't know any other way to read it.
In addition to the already expected deficits, which are running north of $600 billion.
I don't know any other way to read it.
Then read it. The term that the CBO and others use is "it will add $1.40 trillion to the deficit..." The deficit, not the debt. Nobody I am aware of is expecting the budget to be balanced next year if this tax bill doesn't pass. Or expect the deficit to be only $140 billion if it does.