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.
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