This has to do with how items to be reconciled in the proposed budget are scored from a spending perspective. Rs (Trump) wants to treat the tax cuts as already accounted for, which is a departure from past CBO scoring practice.
"There are reports indicating that Senate Republicans will simply ignore any ruling by the Parliamentarian that an extension of the 2017 Trump tax cuts has to be paid for. Instead, they are claiming that the Chair of the Budget Committee, Senator Linsay Graham, has the authority to set the budget rules for consideration of the budget reconciliation legislation, and that he can rule that the tax cuts are the current baseline and do not have to be paid for.
Democrats are loudly objecting to this ploy. But they may not be able to stop the Republicans from proceeding in this manner."
Here's something that might interest the Democratic leaning types regarding the budget and tax cuts.
Replies to: "Here's something that might interest the Democratic leaning types regarding the budget and tax cuts."
- Here's something that might interest the Democratic leaning types regarding the budget and tax cuts. - LanceManion - 5:37pm 4/2/25
(13) [View All]
- Corrupt pols don't want trillion dollar tax cuts for billionaires to count? [NT] - ND521 - 7:44pm 4/2/25
- CBO is so accurate, does it really matter? [NT]
- WestCoastIrishFan - 6:45pm 4/2/25
- Bad precedent & no offsetting cuts so both aren’t great [NT] - LanceManion - 6:56pm 4/2/25
- Yes indeed. That will allow them to pretend that the budget deficit is not as big. - Chris94 - 5:45pm 4/2/25
- So extending tax cuts that have been in place for 8 years adds to the deficit? - PaND - 6:42pm 4/2/25
- Trillions in tax cuts for billionaires reduces income, and balloons annual deficits. [NT] - ND521 - 7:47pm 4/2/25
- I agree - this is a problem [NT] - LanceManion - 6:38pm 4/2/25
- Who cares? We'll never have to pay off the debt according to you. - NedoftheHill - 5:49pm 4/2/25
- You pick and choose what you remember/obsess about from my posts - Chris94 - 5:52pm 4/2/25
- They say they are trying to save an extra $4B per day, every day. Worth fighting against? [NT] - NedoftheHill - 8:40pm 4/2/25
- Waste, fraud and abuse vs tax cuts, which is better? [NT]
- iairishcheeks - 6:13pm 4/2/25
- The left does not believe there is any in government. - PaND - 6:52pm 4/2/25
- The Clinton Admin evidence refutes that claim...Dems have not changed their approach to resolving - TyroneIrish - 7:53pm 4/2/25
- The left does not believe there is any in government. - PaND - 6:52pm 4/2/25
- You pick and choose what you remember/obsess about from my posts - Chris94 - 5:52pm 4/2/25
- So extending tax cuts that have been in place for 8 years adds to the deficit? - PaND - 6:42pm 4/2/25