Monday, June 23, 2025

Senate GOP slashes megabill's tax costs with new accounting method - POLITICO

In defending the revised baseline, Republicans have argued that extending current tax law shouldn't be counted as adding to the deficit because the GOP is merely preventing huge tax increases on individuals and businesses around the country. But critics have derided the measure, asserting that it threatens to blow up long-standing budget rules and disguises the cost of the GOP's marquee legislation…

https://www.politico.com/news/2025/06/22/senate-tax-bill-jct-score-00417131 


 

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