GOP presidential hopeful Ted Cruz’s aggressive plan to shift the tax code from a mostly income-based system to one based on consumption would slash federal revenues by $8.6 trillion over the next decade, according to a new Tax Policy Center analysis. Including interest costs, it would add $10.2 trillion to the debt over 10 years unless Cruz offsets his tax cuts with unprecedented reductions in federal spending. By 2036, Cruz’s plan would add nearly $30 trillion to the debt.