r/politics 🤖 Bot 1d ago

Discussion Discussion Thread: US Senate Debates and Considers the Republican Budget Resolution on April 4th, 2025

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u/brain_overclocked 19h ago

New Projected Cost of Trump-GOP Tax Cuts for the Rich: 'Staggering' $7 Trillion

The analysis from the nonpartisan Joint Committee on Taxation (JCT), published on Thursday, updates previous estimates that suggested the GOP effort to extend expiring provisions of the 2017 law would cost $4.6 trillion over a 10-year period. The new assessment shows that extending the law's temporary provisions—which disproportionately favored the wealthy—would cost $5.5 trillion over the next decade.

The projected cost of the GOP agenda balloons to $7 trillion after adding Senate Republicans' call for $1.5 trillion in additional tax cuts in the budget resolution they advanced in a party-line vote on Thursday. The GOP has come under fire for using an accounting trick to claim their proposed tax cuts would have no budgetary impact.

Senate Republicans set to bypass parliamentarian on Trump tax cuts

Republicans are set to make the audacious play of bypassing the Senate parliamentarian and moving forward with a budget resolution based on a scoring baseline set by Budget Committee Chair Lindsey Graham (R-S.C.) that would allow them to argue extending President Trump’s 2017 tax cuts won’t add to the deficit.

The analysis by Joint Committee on Taxation:

https://www.finance.senate.gov/imo/media/doc/wyden_merkley_neal_boyle_release_new_estimate_of_republican_tax_planpdf.pdf

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u/nerphurp 18h ago

During 2021 battles to raise the minimum wage and advance the Build Back Better agenda, congressional Democrats refused to "ignore" the unelected U.S. Senate parliamentarian

A reminder that they chose to modify or abandon their agendas based on the the rules.

At the time, 'it'll open the door to Republicans doing it in the future' was the response to the progressives telling them to just do it