Senate Instructions Could Add $1.1T in Interest Costs-2025-04-11
2025-04-11-Congress’ concurrent budget resolution includes reconciliation instructions to allow lawmakers to pass a bill that a| Committee for a Responsible Federal Budget
2025-04-11-Congress’ concurrent budget resolution includes reconciliation instructions to allow lawmakers to pass a bill that a| Committee for a Responsible Federal Budget
We estimate that incorporating the Trump administration’s major tax proposals into the FY2025 House budget reconciliation would require that the provisions mostly sunset by December 31, 2033. Even so, primary deficits would increase by $5.1 trillion before economic effects and by $4.9 trillion after| Penn Wharton Budget Model
