Republicans to push ahead on new math for U.S. taxes, budget

By Kevin Drawbaugh WASHINGTON (Reuters) – As Republicans assume control of the entire U.S. Congress in the new year, they are expected to push a controversial change to use more macroeconomic projections in determining the impact of tax and budget legislation on the federal deficit. Critics say wider use of “dynamic scoring,” as the Republican-favored approach is known, would introduce new uncertainties into fiscal policy and degrade the value of present analysis now done by Capitol Hill staff experts. …

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