Headline: New York Times, 6/4/2025
Tony Romm reports:
Even before House Republicans learned the full price of their tax package on Wednesday, one of the bill’s chief authors, Representative Jason Smith of Missouri, was sowing doubt about the accuracy of the estimate.
“I’m skeptical,” Mr. Smith quipped at an event last month when asked about the coming analysis of the legislation’s cost. “Unless I like the number, I’m against the number.”
In the bitter war over the nation’s fiscal future, President Trump and his Republican allies have united around a new foe: the economists and budget experts who have warned about the costs of the party’s tax ambitions. Republican leaders have set about trying to discredit any hint of unfavorable accounting on their signature legislation as they race to enact it before the president’s self-imposed July 4 deadline.
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