US EditionGOP heads into key stretch for ambitious Trump tax cut plan
- Republican lawmakers are exploring a method to label a $4.5 trillion tax cut extension as costing zero dollars instead, according to Senate Republicans.
- House Republicans originally aimed to offset the tax cut with a $4 trillion debt ceiling rise and $2 trillion in spending cuts, as reported by various politicians and think tanks.
- Maya MacGuineas stated that the current policy baseline approach would lead to $37 trillion in additional debt over 30 years, garnering skepticism from budget organizations.
60 Articles
60 Articles
LARRY KUDLOW: Think Reagan-Trump, not Nixon-Ford on tax cuts bill
Senate Majority Leader John Thune has set an April 11 deadline for a final agreement between House and Senate Republicans on a budget resolution that will form the backbone for President Donald Trump's "one, big, beautiful" tax-cut bill.Let's hope he's right. Let's hope both houses meet the deadline. And there's plenty of work to do.It's become fashionable for some conservatives to beat up on the Senate Republicans for going too slow.Maybe so, b…
The Delta News
Republican lawmakers eye fiscal policy 'gimmick' to finance Trump tax cuts
(The Center Square) – Faced with the task of financing a $4.5 trillion extension of the 2017 Tax Cuts and Jobs Act, Republican lawmakers are considering using an unconventional accounting tactic that would change the price tag from $4.5 trillion…
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