The expansion of the cap on state and local tax deductions negotiated by blue-state Republicans and included in the megabill that passed the House last week would add $130 billion more to the deficit, according to a new official analysis.
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, on Wednesday released a full score of the version of the Republican legislation, the One Big Beautiful Bill Act, meant to enact President Donald Trump’s domestic agenda.
The changes to the cap on state and local tax deductions were perhaps the most notable difference between the version of the bill that passed the Ways and Means Committee and the final text that the House passed after intense negotiation among GOP members.
The legislation permanently extends the 2017
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