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The magic number for the GOP is $1.5 trillion in tax cuts over the next ten years without adding to the budget deficit BEYOND the ten-year window.
Rep. Sander Levin (D-Mich)., ranking member on the House Ways and Means Committee and a supporter of the tax, said in a statement that the levy is essential to funding the Affordable Care Act without adding to the budget deficit.
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Meanwhile, the Education Department is justifying the proposed cuts to its budget in terms of "fiscal discipline" and "the President's overall goal of increasing support for national security and public safety without adding to the Federal budget deficit". DeVos and the Trump administration are choosing to fund the tax credits while choosing to cut the department's programs.
And retaining it could doom efforts to significantly reduce tax rates without significantly adding to the budget deficit--especially if Congress also fails to enact the House GOP leadership's other revenue-raising priorities.
However, neither the Democrats nor Trump have come to grips with how they would pay for their infrastructure plans without adding to the government's budget deficit.
The agency's new administrator, Michael D. Griffin, says that the $104 billion project, which would put American astronauts on the lunar surface by 2018, can be done without adding to the agency's budget (beyond keeping pace with inflation) and without taking away from the agency's valuable programs outside the area of human space flight.
But because the Children's Opportunity Bequest and Fund is budget neutral — it would help children without adding to the federal debt or consuming limited state dollars — there is little risk in establishing it.
Mr. Obama will suggest in his budget that expanding health coverage to the more than 46 million uninsured can be done without adding to the deficit, both by making cost-saving changes in the delivery of care and by raising revenues.
One reason that Republicans chose to address health care first is that budgeting rules would allow them to make more sizable cuts to tax rates without adding to the deficit if the health taxes were already out of the way.
The longer-term question is whether higher interest rates will add to the budget squeeze.
But, he said, the money saved on production costs might be added to the budget.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com