This week marks significant events in U.S. politics, notably with special elections and the imposition of new tariffs by Trump. However, a crucial decision by Senate Parliamentarian Elizabeth MacDonough is poised to have long-lasting effects. She will determine if a proposed $4.6 trillion tax cut can be considered 'free' for budget reconciliation, a move that could disrupt existing budget rules. Senate Republicans plan to use a controversial scoring method that could underreport the tax cuts' cost, fundamentally altering how future lawmakers handle budgets.
Senate Parliamentarian Elizabeth MacDonough's decision on whether Congress can classify particular tax cuts as 'free' could reshape future budget processes.
Senate Republicans aim to use a scoring method that treats $4.6 trillion in tax cuts as $0, challenging long-standing budget norms.
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