Senate wrestles with consequences of Paygo Act on the tax reform bill
Senate wrestles with consequences of Paygo Act on the tax reform bill
It looks like the Senate is going to vote on its ever-in-flux tax plan this week. Even though this bill could add up to $1.5 trillion to the deficit, there are consequences beyond just adding to the national debt. The Senate has something called pay-as-you-go rules, which basically say it has to offset revenue losses or trigger mandatory cuts.
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