Senate GOP Upends Rules with Accounting Gimmick
3 Articles
3 Articles
Democrats Blocked as Senate GOP Gives Lindsey Graham ‘Sole Authority’ to Judge Legality of Trump’s Megabill
In a dramatic power move, Senate Republicans have handed Senator Lindsey Graham (R-S.C.) the exclusive right to decide whether Donald Trump’s massive new spending and tax bill follows federal budget laws. This decision effectively blocks Democrats from challenging the bill’s legality. Senator Bill Hagerty (R-Tenn.), who was presiding over the Senate, ruled that the chair of the Senate Budget Committee—Graham—has “sole authority” to determine if …
Lindsey Graham devises 'gimmick' to hide true extent of GOP 'debt bomb': report
The U.S. Senate voted to approve a provision in the 2026 budget act that Sen. Lindsey Graham (R-SC) helped craft that could hide how much President Donald Trump's "big, beautiful bill" will add to the overall national debt. Igor Bobic wrote for the Huffington Post Monday that Republicans are trying to find a way to conceal the trillions being added to the deficit. When Trump entered office, he drastically cut government programs, funding and sta…
Senate GOP Upends Rules with Accounting Gimmick
New York Times: “This time around, Senate Republicans are instead invoking an alternative accounting method that wipes away the cost of extending tax cuts already in place. Republicans argue that the tax cuts they originally passed in 2017, which expire at the end of the year, should be baked into the country’s fiscal forecasts even though Congress has not yet actually renewed them. By that logic, the $3.8 trillion cost of extending the 2017 cut…
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