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5 obstacles Republicans will face on the road to tax cuts

The Hill
Summary
Nutrition label

75% Informative

Republicans are looking to extend the tax cuts passed by President-elect Trump in 2017 .

Republicans are divided on how to pay for a second round of tax cuts.

Some Republicans want to do away with the SALT cap, the child tax credit and green energy subsidies passed by Democrats .

Republicans need to agree on how much they want to add to the national debt.

Getting rid of parts of Democrats ’ sweeping 2022 climate package, known as the Inflation Reduction Act , has already been floated by Republicans as a way to pay for additional tax cuts.

Trump is reportedly intending to do away with the $ 7,500 consumer credit for electric vehicles.

The most contentious individual provisions under consideration are likely the SALT cap and the CTC .

VR Score

78

Informative language

76

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44

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formal

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English

Language complexity

50

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