Fine Print in the GOP’s Budget Would Help Rush a Tax Cut Through Congress
Gary Cohn on Tax Cuts, Deficit, Deductions, Middle Class
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Buried in the fine print of the newly released Senate Republican budget: language making it much easier to rush a tax cut through Congress.
The budget would erase a Senate rule requiring a full Congressional Budget Office estimate of the cost of the legislation at least 28 hours before a vote. It would get rid of a provision that required a Senate budget reconciliation bill to reduce the deficit by at least as much as a House reconciliation bill. That language caused headaches for Republicans during their failed Obamacare repeal effort.