Republicans are facing a math problem as they try to cut taxes, with a $4.5 trillion limit set on the amount of money the federal budget can lose over the next 10 years. This limit is not enough to cover all of the Republicans' ambitions, so members of Congress are negotiating over what they can include in their bill. The $4.5 trillion plan will largely be used to keep the last round of tax cuts in place, leaving only $300 billion for other ideas. Republicans in the Senate propose changing the way tax cuts are counted to make it easier to craft a tax bill that costs less than $4.5 trillion.
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Source Id: 2025-03-667015498
