Republicans Might Have a Nuclear Option for Making the Trump Tax Cuts Permanent 

Matt Vespa / Townhall Tipsheet

 

The Trump tax cuts will be a cornerstone of the current budget reconciliation process, where the House and Senate GOP are bound to duke it out over deficit concerns. Senate Republicans already said they will not agree to any plan that doesn’t make the 2017 tax breaks permanent. The House GOP wants corresponding spending cuts (via Bloomberg Government):

 

" Trump wants his tax cuts extended permanently to boost the economy over the long haul. Senate Republicans say the House’s plan undermines that goal. The dispute centers on how the Congressional Budget Office will be required to calculate the cost of the tax cuts. As both chambers plan to negotiate a bicameral budget framework, the debate over tax-cut permanency is the main sticking point among Republicans. 

 

Sen. Ron Johnson (R-Wis.), a conservative who lauded the House’s focus on spending cuts, said the House’s framework is “just not adequate” when it comes to tax-cut permanency. Read more here.