
Republicans Plan To Hide Cost Of Tax Cuts With 1 Weird Trick
Huff PostLOADING ERROR LOADING WASHINGTON – Republicans have a math problem with the massive proposed tax cut package at the center of President Donald Trump’s legislative agenda. They want to use the “current policy” baseline, which assumes tax cuts — like the deficit-busting ones Republicans passed in 2017, the last time Trump was president — will simply be extended permanently even if that’s not what the law says. The party is facing another problem in the Senate, where current rules do not allow for their preferred accounting tactic that would make the tax cuts appear cost-free. The Senate parliamentarian, the chamber’s nonpartisan rules arbiter, rebuffed their attempt to use it on the 2017 tax cuts, which also passed via reconciliation. “At the end of the day, a tax giveaway to billionaires is still a tax giveaway to billionaires, and there is not one single American who will be fooled by this nonsense that the Republicans are trying to float.” The Urban-Brookings Tax Policy Center, which provides nonpartisan tax policy analysis, said that taxpayers would foot the bill regardless of the semantics of budgetary accounting.
History of this topic

House Republican leader wants reps to 'publicly' denounce Senate GOP’s delay of key vote
Raw Story
'I want more': Republicans push for bigger IRS cuts amid fears of tax season chaos
Raw Story
Trump-Zelensky meeting: The Oval Office shouting match was a setup.
Slate
Trump’s promised laundry list of tax goodies gets a reality check
The Independent
House GOP leaders pull their own budget bill before speaker resurrects it minutes later
Raw Story
After GOP passes budget resolution, Congress to-do list only gets tougher from here
NPR
Senate Republicans approve budget framework, pushing past Democratic objections after all-night vote
LA Times
Opinion: Extend Trump’s 2017 tax cuts to promote growth, but cut spending too
LA Times
'Rips healthcare away': Dem blasts $4.5T tax cuts advanced by GOP-led House Budget panel
Raw Story
Republicans Say Debt Is Destroying America, But Their Budget Plan Could Balloon It
Huff Post
'Don’t think the numbers are real': GOP senator joins Dems in doubting Senate's budget
Raw Story
House Republicans Eye Big Cuts To Medicaid And Food Assistance
Huff Post
House Republicans unveil blueprint to extend $4.5 trillion in tax cuts and lift the debt ceiling
Associated Press
USAID Costs $40 Billion A Year. GOP Tax Cuts Could Total $11 Trillion Over A Decade.
Huff Post
House GOP rushing to produce Trump’s big budget bill with tax cuts, program cuts and other promises
Associated Press
House GOP floats plan to slash benefits for the poor to pay for Trump tax cuts
Raw Story
Republicans crafting Trump’s big bill hit a familiar roadblock: How to pay for it
Associated Press
Swing-district Republicans fear 'worst-case scenario' in big MAGA budget bill
Raw Story
Republicans weigh 'magical thinking' to fund Trump's tax cuts: report
Raw Story
Here’s why the cost of extending Trump’s tax cuts just surged by nearly $1 trillion
Raw Story
Leaked GOP list outlines plan to cut $479B from Medicare: Politico
Raw Story
Republicans quietly cut IRS funding by $20 billion in bill to avert government shutdown
Salon
Johnson’s spending nightmare points to grueling GOP problems next year
Politico
Republicans Say Letting These Tax Cuts Expire Would Crash The Economy. Congress' Own Experts Say Otherwise.
Huff Post
Donald Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts
Hindustan Times
Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts
Associated Press
Trump and Republicans in Congress eye an ambitious 100-day agenda, starting with tax cuts
LA Times
'Headed for a brawl': Trump's plan reportedly 'dividing GOP lawmakers'
Raw Story
Elizabeth Warren Urges Democrats Not To ‘Roll Over’ On Tax Fight In 2025
Huff Post
Extending Trump tax cuts would add $4.6 trillion to deficit: CBO
Raw Story
Tax the rich and end Republican welfare for the wealthy
Raw Story
Funding GOP wants to cut helped IRS collect $500 million from rich tax cheats
Raw Story
Column: The budget lie at the heart of House Speaker Johnson’s Israel aid proposal
LA Times
$10 trillion in added debt shows 'Bush and Trump tax cuts broke our modern tax structure'
Raw Story
'Tax scam': Republicans follow debt ceiling fight by proposing tax cuts for wealthy
Raw Story
Debt limit bill gives Republicans IRS cuts, but Democrats say they expect little near-term impact
Associated Press
Republicans Preparing Major Tax Cut Bill For After Debt Ceiling Crisis
Huff Post
As GOP aims to punish poor, CBO says extending Trump tax cuts for rich would add $3.5 trillion to deficit
Raw Story
Republican debt cap plan to cut US jobs, slow growth: Economist
Al Jazeera
As GOP targets food aid, House Dems remind McCarthy of $1.9 trillion in Trump tax cuts
Raw Story
Why America can't put a dent in its $31-trillion debt
LA Times
Op-Ed: House Republicans’ first order of business: Balloon the $31-trillion national debt
LA Times
House GOP's First Bill Would Slash IRS Budget ― And Cost The Government Money
Huff Post
Democrats Hope To Undo Many Trump Tax Cuts To Fund Biden's $3.5 Trillion Budget Plan
NPR
Beware of budget gimmicks in push for massive spending deals
The Independent
Beware of budget gimmicks in push for massive spending deals
Associated Press
The remarkable argument forming in Senate GOP circles
CNN
Arizona Senate passes budget, tax cut after House Dems walk
Associated Press
Republicans Pledge Unified Fight To Protect 2017 Trump Tax Cuts
NPRDiscover Related











































