A group of more than 70 House Republicans introduced legislation this week that would make elements of the 2017 Trump tax cuts permanent, delivering a huge windfall to the rich and choking off more federal revenue at a time when Republican fearmongering over the national debt is at a fever pitch.
Led by Reps. Vern Buchanan, R-Fla., and Michael McCaul, R-Texas, the TCJA Permanency Act, would cement into federal law tax cuts for individuals that are set to expire at the end of 2025.
