Republicans gear up for the coming battle over $5 trillion tax cut's costs

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Republicans gear up for the coming battle over $5 trillion tax cut's costs
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Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.

Extending the 2017 tax cuts would add $5 trillion to the deficit over 10 years, according to an estimate from the Congressional Budget Office.As Republicans on Capitol Hill lay the groundwork for extending the 2017 tax cuts, cracks are already emerging on one of the biggest questions: how to handle the cost.

But Crapo has said the tax measures are a continuation of current policy, and preventing taxes from increasing shouldn't be counted as adding to the deficit - and therefore don't need to be paid for. It's unclear how many lawmakers will be willing to dig in their heels if they feel the package is too costly, but narrow margins in the House and Senate mean that even a few members can effectively hold up the process.Rep. Marjorie Taylor Greene tapped to work with Elon Musk and Vivek Ramaswamy as new DOGE subcommittee chair

Another proponent of dynamic scoring, Rep. Chip Roy said it was critical to ensure the deficit was being addressed through the tax package.

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