Quote:
Originally Posted by pyatnitski
I think it's saying that there's limits on how much tax you're allowed to cut related to projected government spending. So if you reduce projected government spending you can cut more taxes.
Thanks for the clarification. This line from the article confused me:
"If Republicans had repealed the Affordable Care Act's
$1 trillion worth of taxes before they revised taxes, that's $1 trillion less they'd have to come up with to make it look like money wasn't being lost."
Seems more accurate to say:
"If Republicans had repealed the Affordable Care Act's
$1 trillion worth of government spending before they revised taxes, that's $1 trillion less they'd have to come up with to make it look like money wasn't being lost."
Or maybe I'm still unclear on the concept.