Senate Republicans set to bypass parliamentarian on Trump tax cuts

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know the reconcilliation bill is not one of those flashy topics people focus on..and it is extremely confusing. However.. this is an actual legislation that republicans have been working on and they are having trouble coming up with enough spending cuts to fund their tax cuts. Therefore, they are going to not follow the rules which excuses them from finding additional spending cuts and most importantly, make the tax cuts permanent..and not expire within 10 years.

https://thehill.com/homenews/senate/5226747-republicans-tax-cuts-deficit-senate-parliamentarian/


"Under a current law baseline, extending the Trump tax cuts past 2025 would add an estimated $4.6 trillion to the deficit over the 10-year budget window and trillions of dollars more to the deficit beyond that window, according to the official budgetary score for the bill.
If the parliamentarian rules that Republicans must use a current law baseline, then the budget score for extending the Trump’s tax cut will show a huge deficit impact.
That would put pressure on them to come up with additional spending cuts to offset the cost.
And it would force them to sunset any extension of the 2017 Tax Cuts and Jobs Act to comply with the Byrd Rule.
That rule prohibits legislation passed under budget reconciliation from adding to the deficit — either by increasing spending or reducing revenue — in the years beyond the budget window."

What do the deficit hawks have to say about this?

If they have to get ten votes from Democrats it will lead to higher spending and taxes and debt than a budget that needs 50 Republican votes.

The policy baseline magic math is what is destroying the budget now. This is a very dangerous precedent to set and it basically eliminates the purpose of having the filibuster. Dems can use this precedent to pass permanent Medicare for all if republicans are dumb enough to do this. They just need to pass it first for a single year then use the policy baseline truck to permanently establish a trillion dollar a year universal healthcare program. You don’t want to establish this precedent because it will allow Dems to use reconciliation to pass any and every spending proposal they want using magic math.

They already did that with Obamacare. And they also said they could have multiple reconciliation bills in a year under Biden.

[Anonymous]