Some Republicans in Congress have proposed changing the budget reconciliation process to begin using a “current policy” baseline that ignores expirations under law, instead of the traditional ...

Proponents of the current policy baseline method say it offers a more realistic picture of how the tax cuts will affect the ...

The Senate’s budget instructions, however, would eliminate that problem after Graham set the baseline for expiring 2017 provisions at zero, eliminating $3.7 trillion revenue losses on paper.

The Budget Trick the G.O.P. Might Use to Make a $4 Trillion Tax Cut Look Free. ... Using this “current policy baseline” wouldn’t change the bill’s real effect on deficits or debt.

Welcome to the arcane details of the budget “baseline.” The main Republican goal in the current Congress is to extend the 2017 tax reform provisions that expire at the end of this year. That ...