GOP tax plan could add more to deficit than analyses suggest
House and Senate Republicans are trying to keep the deficit impact of their tax plans under the budget's $1.5 trillion limit, in part by proposing sunsets on some of the plan's major cuts and exclusions. House Speaker Paul Ryan and Ways and Means Chairman Kevin Brady said some of those sunsets won't actually happen.
Why it matters: The nonpartisan think tank Committee for a Responsible Federal Budget says extending the sunsets in the future would "add over $350 billion to the cost of the bill" and bring the deficit impact closer to $2 trillion. A Penn Wharton Budget Model analysis similarly found the plan would add more than $2 trillion over 10 years.