The House Ways and Means Committee is scheduled to mark up its portion of the budget reconciliation bill on October 26. The budget resolution that passed in April requires the Ways and Means Committee to cut programs under its jurisdiction by $1 billion over the next five years, but Chairman Thomas’s “mark” would cut programs under its jurisdictions by $8 billion, according to the Congressional Budget Office (CBO).
The Ways and Means “chairman’s mark” is now available and makes clear how Chairman Thomas intends to achieve these savings:
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