First in Punchbowl News: Arnold Ventures is rolling out a new set of 20 proposals for Republicans to cut spending and address “tax loopholes” that could offset the cost of extending the Trump tax cuts.
The document pitches a range of options with estimates for how much they’d save — from repealing Democrats’ expansion of electric vehicle credits to capping businesses’ state and local tax deductions.
The group’s billionaire founders, John and Laura Arnold, will be on Capitol Hill meeting with members of Congress this week to talk about the new proposals.
