Mistletoe 3 days ago

Why was the change made to amortize the tax?

1
kbolino 3 days ago

To bypass the filibuster.

To pass a bill the normal way, you need 60% of the Senate to agree. But certain kinds of bills can be passed through "reconciliation" which only needs a simple majority. Such bills must be "budget neutral" as assessed by the CBO. So legislators throw in hacks like Section 174 in order to game the system and offset other provisions they actually want.

NaOH 3 days ago

Here's more information on the Reconciliation Process for anyone interested.

PDF: https://www.congress.gov/crs_external_products/R/PDF/R48444/...