Republicans rely on future Congresses to carry out tax plan

[mystery-ak]

Republicans rely on future Congresses to carry out tax plan
by Joseph Lawler | Nov 9, 2017, 12:01 AM

Republicans will rely on future Congresses to carry out a significant portion of their tax plan.

To limit the size of the tax cut to $1.5 trillion over a decade, House tax writers included a five-year expiration of a new $300 parent tax credit that is meant to help ensure that middle-class families don’t see tax increases under the legislation.

But Republicans don’t actually intend for the credit, or several other expensive provisions, to expire. Rather, they didn’t want the revenue lost by the credit to be calculated in the bill and will count on lawmakers reinstating the credit in the future.

more
http://www.washingtonexaminer.com/republicans-rely-on-future-congresses-to-carry-out-tax-plan/article/2640103

[Bigun]

Republicans rely on future Congresses to carry out tax plan
by Joseph Lawler | Nov 9, 2017, 12:01 AM

Republicans will rely on future Congresses to carry out a significant portion of their tax plan.

To limit the size of the tax cut to $1.5 trillion over a decade, House tax writers included a five-year expiration of a new $300 parent tax credit that is meant to help ensure that middle-class families don’t see tax increases under the legislation.

But Republicans don’t actually intend for the credit, or several other expensive provisions, to expire. Rather, they didn’t want the revenue lost by the credit to be calculated in the bill and will count on lawmakers reinstating the credit in the future.

more
http://www.washingtonexaminer.com/republicans-rely-on-future-congresses-to-carry-out-tax-plan/article/2640103

The whole thing is just more inside the beltway smoke and mirrors!  Nothing new at all!