Today’s notice: Jodey Arrington has enemies. It’s getting harder to say tax cuts pay for themselves with a straight face. Plus: A math teacher’s quest to make Congress care about headlights.
A New Dynamic for Republican Tax Cutters
Remember “dynamic scoring”? It was the magic model Republicans used in 2017 to promise their massive tax cut bill would pay for itself.
Now with a new GOP trifecta days away, big tax cuts are on the table again. But NOTUS’ Violet Jira and Anna Kramer report how dynamic scoring won’t be able to provide the political cover it did in Donald Trump’s first term.
“With inflation still higher than average and government borrowing continuing to grow, there are significantly fewer levers Republicans can pull for growth contributions,” the pair write. “Unlike in 2017, Republicans won’t be able to easily use the math of economic models to hide the fact that creating growth is going to be difficult.”