Monday, June 30, 2025

Phony Republican current policy baseline says Trump tax cuts will cost $0 going forward, Congressional Budget Office says $3.5 trillion

 Graham claims sole authority to decide if GOP megabill complies with budget laws

... Sen. Jeff Merkley (D-Ore.), the ranking member of the Budget Committee, immediately appealed the ruling of the chair.

He pointed to a letter he received from Congressional Budget Office Director Phillip Swagel asserting that the Finance portion of the bill would increase federal deficit by $3.5 trillion between 2025 and 2034 and increase deficits beyond the 10-year budget window, which ends in 2034.

“The ability of the chair to create a phony baseline has never been used in reconciliation, not ever,” Merkley argued.

“This breaks a 51-year tradition of the Senate for honest numbers,” he declared.

Merkley’s appeal of the chair’s ruling empowering Graham failed by a party-line vote. Senators rejected it by a vote of 53 to 47. ...