Republicans eye tax breaks, border funds and clean energy cuts when Trump returns [View all]
Source: NBC News
Dec. 1, 2024, 5:00 AM EST
WASHINGTON — Republicans are making plans to craft and pass a huge party-line bill early next year in the new Donald Trump administration, eyeing it as a vehicle for a variety of priorities from tax cuts to more funding for immigration enforcement.
The legislation would use the budget “reconciliation” process, which would allow them to pass policies involving taxes and spending without the need for any Democratic votes. GOP leaders are looking to tee up the process with a budget setting the parameters for the bill in early January, even before Trump takes office, two sources with knowledge of the push said.
Their top objective is to extend the 2017 Trump tax law and prevent $3.3 trillion in tax breaks from expiring at the end of 2025. But the party is aiming bigger.
In interviews, senior Republicans said they also want to use the bill to give the incoming administration more resources to carry out border enforcement and Trump’s promise of “mass deportations,” repeal clean energy funding in President Joe Biden’s Inflation Reduction Act and use the package to slash other federal spending.
Read more: https://www.nbcnews.com/politics/congress/republicans-eye-tax-breaks-border-funds-clean-energy-cuts-trump-return-rcna181927
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