Republicans Warm to Tactic for Making Deep Tax Cuts Last Longer
- Senate Finance chief supports extending budget window
- Treasury secretary said open to exploring longer timeline too
Senate Finance Chairman Orrin Hatch.
Photographer: Tom Williams/CQ-Roll Call,Inc.This article is for subscribers only.
A top Senate Republican threw his support behind a push to change congressional budget rules to relax time limits on tax cuts that increase the federal deficit.
“It would be better” if the existing 10-year budget window were extended, Finance Committee Chairman Orrin Hatch, the chamber’s top tax-writer, said in an interview. “The 10 years is problematic,” he said. “I would like to do that.” A leader of the conservative House Freedom Caucus said he’s open to the idea.