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In related news, the Republican-run House could barely come to agreement on $1.5 trillion in savings for the One Big Beautiful Bill and we are regularly told that finding another $2 trillion or so to eliminate the deficit impact is impossible.

I can think of one way to make up for lost savings on SNAP. *glares in direction of mini-Farm Bill*

With news the early end to the Employee Retention Credit may be stripped from OBBB, we're hosting a webinar tomorrow previewing new research on how ERC funds were used. Join us to learn how much went to investment or wages, and how much was pure windfall: events.arnoldventures.org/en/3ipjnC6/g/9…

Good news everyone: I found another $67 billion in savings to reduce the deficit impact of OBBB.

When we all saw 22% in first House shell, we assumed it was signaling a possible hike in the top indiv rate, maybe a change to corp tax rate. When it became 23% and neither top indiv rate nor corp rate were touched, we were beyond puzzled. A solution in search of a problem.

This is begging for one of those solutions where you leave the titular cap at $40k, but crack down so hard on eligibility/phaseouts that it's practically a $30k cap with revenue impacts to match.

It's hard not to laugh. People spent weeks complaining CBO hadn't (yet) done a dynamic score. Now they have and it's actually $356 billion *worse* than the static score. When Keeping It Real Goes Wrong: Dynamic Score Edition