House Republicans notched a major legislative victory this week when they passed their budget resolution. Now comes the hard part: Crafting a fiscal package that doesn't doom them in the 2026 election.
House Republican leadership has advised caucus members to avoid in-person town halls, fearing that voter backlash may become viral if circulated online. www.rollingstone.com/politics/pol ...
-- rollingstone.com (@rollingstone.com) February 26, 2025 at 12:37 PM
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Republicans consider major budget change to obscure deficit impact of extending Trump's tax cuts
www.nbcnews.com
... GOP leaders argue that extending Trump's expiring 2017 tax cuts shouldn't be treated as costing any money. ...
Republicans are considering a far-reaching change to the budget process that would obscure the deficit impact of extending President Donald Trump's multitrillion-dollar tax cuts in order to avoid paying for them.
It comes as part of a massive bill to advance Trump's agenda that Republicans are seeking to pass on a party-line basis. If the tactic is successful, it would upend long-standing precedent and change the accounting process for current and future lawmakers, with major policy stakes.
Extending the Tax Cuts and Jobs Act, which Trump signed into law in 2017, would cost $4.6 trillion over a decade, according to the Congressional Budget Office, the official nonpartisan scorekeeper.
That's under the "current law" metric that has traditionally been used, as the tax cuts are slated to expire at the end of this year. But Senate Republicans want to use a different scoring method called the "current policy" baseline, which would assume that extending tax cuts costs $0 because they're already law. ...
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