The Republican tax reform bill will live and die by this obscure Senate rule

Remember the Byrd Rule? Republicans have a math problem.

The tax reform bill they are pushing through the Senate will live and die by a complicated rule — known as the “Byrd Rule,” a condition of the “budget reconciliation” process that allows Republicans to pass legislation with only 51 votes in the Senate. Because of how they set it up, Republicans’ tax bill can only increase the deficit by $1.5 trillion in the first 10 years and no increase outside that window.

But as it stands, neither the House tax bill,...

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By: Vox - 5 days ago

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