5 小时之前 · By empowering Graham to set the budget baseline in a way so that an extension of Trump’s 2017 tax cuts is judged as not adding to the deficit after 2034, Republicans do not need to add language ...

7 小时之前 · Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.

1 天前 · The $4.5 trillion reduction in tax revenues would increase the budget deficit and push up interest costs by an estimated $941 billion ($806 billion dynamically). Long-run GNP would only rise by 0.4 percent, as some of the benefits of the tax cuts and larger economy go to foreigners in the form of higher interest payments on the debt.

22 小时之前 · The Senate GOP’s budget framework would be the companion to the House Republicans’ $4.5 trillion tax cuts package that also calls for cutting as much as $2 trillion from health care and other programs. If the Senate can approve its blueprint, it would edge Trump’s allies on Capitol Hill closer to a compromise setting the stage for a final ...

3 小时之前 · Senate Budget Committee Chair Linsdey Graham (S.C.) said in a statement accompanying the release of the resolution that Republicans intend to permanently extend Trump’s signature 2017 tax cuts.

5 小时之前 · “This budget would set the stage for the largest deficit increase ever — three times as large as the American Rescue Plan, four times larger than the Tax Cuts and Jobs Act, and 75 percent ...

1 天前 · In the report updated this week, the nonpartisan budget watchdog said the batch of GOP-backed tax cut proposals seen in recent months would increase the nation’s deficits by $9.1 trillion over ...

Key Points. The FY2025 House budget reconciliation includes budget reconciliation instructions calling for $1.7 trillion in net spending cuts and $4.5 trillion in net tax cuts (with room for adjustments), allowing for a $2.8 trillion increase in primary deficits over the 10-year budget window from FY2025 to FY2034. Under budget reconciliation, primary deficits after FY2034 cannot increase.

2025年2月26日 · The House of Representatives has approved a Republican budget resolution that includes $4.5 trillion in tax cuts and $2 trillion in spending reductions over the next decade.

2025年3月12日 · Crafting a tax and spending cut package that boosts economic growth and is fiscally responsible will require lawmakers to abide by these three guidelines to meet their deficit targets: rely on spending cuts for most offsets, avoid economically harmful tax offsets that would increase the tax burden on saving and investment, and clean up special ...