Republicans Weaken U.S. House’s Anti-Deficit Rules
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House Republicans, in one of their first acts in the majority, weakened the chamber’s anti-deficit budgeting rules to make it easier to approve tax cuts even if they add to the government’s financial shortfall.
The rules approved today, on a 240-191 party-line vote, will let lawmakers cut taxes without having to offset the cost with savings elsewhere in the budget. Proposed spending increases must be paid for with cuts in other areas, though, and tax increases to pay for new spending are prohibited.