Medicaid cuts, SALT and deficit explosion
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President Donald Trump’s tax cuts package would increase deficits by $2.8 trillion over the next decade after including other economic effects, a CBO analysis says.
The highly anticipated text from the Senate is out — and it's already causing concern from GOP stakeholders in both chambers.
A proposal by Senate Republicans would adjust the pace at which some crucial home energy efficiency and electric vehicle tax credits are phased out in timelines different from what House Republicans proposed in the multitrillion-dollar tax bill they passed last month.