Congress Grapples with 'No Tax' Fever as Special Carve-Outs Proliferate Ahead of Midterms

Summary

Congress is experiencing a surge in proposals for special tax carve-outs for everyday Americans, driven by an election year and following President Trump's signature tax cuts. Lawmakers from both parties are introducing various tax breaks, leading to concerns from fiscal hawks and some conservatives about the impact on the tax code and national deficit.