House Republicans are loosening the rules that allow using 'budget reconciliation' to increase the federal deficit. The key is that deficits created by tax cuts are permissible but those created by spending hikes are not.
--Josh Marshall
House Republicans are loosening the rules that allow using 'budget reconciliation' to increase the federal deficit. The key is that deficits created by tax cuts are permissible but those created by spending hikes are not.
--Josh Marshall
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