Скачать или смотреть Fiscal Hawks Rally Against GOP Tax Cut Budget Gimmicks

Is Congress risking fiscal responsibility with questionable borrowing tactics?
Conservative fiscal hawks are warning against a new accounting tactic which allows Congress to borrow trillions without acknowledging the deficit impact.,President Trump is pushing for an extension of the 2017 tax cuts set to expire in 2025, a top priority for his administration.,The debate among Republicans over how to account for tax cut extensions could delay the passage of key legislation via budget reconciliation.,Some Republicans advocate a 'current policy baseline' approach, claiming it shows tax cut extensions as cost-free; fiscal hawks disagree.,This proposed accounting method faces criticism for disguising the true cost of the tax cuts, potentially leading to a $4 trillion deficit increase.,If the GOP uses this tactic, it may set a dangerous precedent, allowing future Democrats to justify new entitlement expansions without recognizing costs.,Concerns are rising that this budget approach may weaken fiscal accountability and expand debts further, jeopardizing future economic stability.,The House budget resolution is proposing to use a current-law baseline, assuming tax cuts that expire will count towards deficit—sparking alarm among fiscal hawks.
FiscalResponsibility, TaxCuts, GOPDebate, BudgetGimmicks, TrumpTaxPlan