Even when one party has control in Washington, paying for tax cuts can be a bruising project. Some of you know that all too well. Sen. Mike Crapo (Idaho), the top Republican on the Finance Committee, is getting a lot of attention for saying the Trump tax cuts are current law, not new policy, so their cost shouldn’t have to be offset.

The Vault

September 29, 2024

To pay or not to pay for tax cuts (and how)? That’s the question.

Nothing makes tax bill negotiations more brutal than the cost question. Even when one party has control in Washington, paying for tax cuts can be a bruising project. Some of you know that all too well.

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- Laura Weiss

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