Trumps tax cuts are about to unleash chaos in Congress
Republicans are likely to face deep divisions in assembling a plan before — and after — it hits the floor.
The price tag
Perhaps the biggest, hardest, and so far unanswered question is how much to spend.
Deficit concerns are running hot in the House, where many Republicans say a tax bill ought to be completely paid for. That’s anathema to party heavyweights like House Ways and Means Chair Jason Smith (R-Mo.) and Senate Finance Chair Mike Crapo (R-Idaho), not least because it would be extremely difficult to find enough offsets to cover the projected $4 trillion cost.
Trumps tax cuts are about to unleash chaos in Congress. Here’s how.
Subscribe
Today’s Birthday
-
Jean-Paul Sartre (1905)June 21, 2026
Sartre was a French philosopher, playwright, and novelist who became the foremost exponent of existentialism in the 20th century. His first novel, Nausea, was one of many works depicting man as a lonely being burdened with a terrifying freedom. He served in World War II, was taken prisoner, escaped, and was involved in the French resistance, during which he wrote multiple works. In 1964, he became the first person to voluntarily decline the Nobel Prize in Literature. Why did he refuse it?
Sartre was a French philosopher, playwright, and novelist who became the foremost exponent of existentialism in the 20th century. His first novel, Nausea, was one of many works depicting man as a lonely being burdened with a terrifying freedom. He served in World War II, was taken prisoner, escaped, and was involved in the French resistance, during which he wrote multiple works. In 1964, he became the first person to voluntarily decline the Nobel Prize in Literature. Why did he refuse it?Today’s Holiday
-
National Aboriginal DayJune 21, 2026
.jpg)
Long before a national holiday was established, this day of the year had been observed by Canada's Inuit, Métis, and First Nations peoples as a celebration of Aboriginal heritage. In 1996, the Canadian government made June 21 an official holiday, including all citizens in the observance. Celebrations take place throughout Canada, and are organized by the regional offices of Indian and Northern Affairs Canada and Canadian Heritage. Some festivities are modest celebrations; others exhibit a stronger focus on culture and tradition by holding canoe races, powwows, and awareness events.
.jpg)
Long before a national holiday was established, this day of the year had been observed by Canada's ARTICLE OF THE DAY
-
CigarsJune 21, 2026
Cigars, tightly rolled bundles of cured tobacco, were being smoked by the Mayans as early as the 10th century. Spanish travelers to the Americas brought cigars back to Spain in the 16th century, and their popularity then spread throughout Europe. The word cigar, therefore, derives from the Mayan word for tobacco. What did US President John F. Kennedy reportedly do immediately before imposing the Cuban trade embargo that, among other things, prohibits US residents from purchasing Cuban cigars?
Cigars, tightly rolled bundles of cured tobacco, were being smoked by the Mayans as early as the 10th century. Spanish travelers to the Americas brought cigars back to Spain in the 16th century, and their popularity then spread throughout Europe. The word cigar, therefore, derives from the Mayan word for tobacco. What did US President John F. Kennedy reportedly do immediately before imposing the Cuban trade embargo that, among other things, prohibits US residents from purchasing Cuban cigars?
Leave a Reply
You must be logged in to post a comment.