https://www.taxtmi.com/news?id=39415 Senate Republicans are advancing a budget framework to enable consideration of expanded tax breaks by adopting a current policy baseline that treats existing tax cuts as the status quo so they need not be offset; only new tax proposals would carry new costs. Leaders plan to pass the resolution through the budget process, including a vote a rama, set lower negotiable spending cut floors than the House demands, and resolve details later while facing Democratic objections that the approach obscures fiscal impacts. en-us Wed, 02 Apr 2025 09:46:03 +0530 Wed, 02 Apr 2025 09:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39415 Senate Republicans are advancing a budget framework to enable consideration of expanded tax breaks by adopting a current policy baseline that treats existing tax cuts as the status quo so they need not be offset; only new tax proposals would carry new costs. Leaders plan to pass the resolution through the budget process, including a vote a rama, set lower negotiable spending cut floors than the House demands, and resolve details later while facing Democratic objections that the approach obscures fiscal impacts. News - Wed, 02 Apr 2025 09:46:03 +0530 https://www.taxtmi.com/news?id=39415