How Congress used the shutdown deal to cut more taxes - News Summed Up

How Congress used the shutdown deal to cut more taxes


The deal that ended the government shutdown also further cut taxes, adding billions more to the national deficit. They were added to entice Republicans to line up behind the temporary spending bill, even before the Democrats dug in and forced the three-day shutdown. The Republicans were relieved when enough Democrats flipped and supported the spending bill so that the government could reopen. And, they were gleeful at the chipping away of the health care law by delaying or suspending the three taxes. But despite the bipartisan support for repealing the health care taxes, the delays embedded in the spending bill may have a short shelf life, Cooke said.


Source: Egypt Independent January 25, 2018 08:48 UTC



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