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The “Mar-a-gate v. Water-a-Lago” Edition

Rational Security

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The Tax Code and Climate Change Reconciliation

The reconciliation process is limited to certain types of federal spending o what we call the mandatory side of the federal budget. That's money that flows out of the federal coffers every year, regardless of whether congress acts. So it can touch that kind of spending. And a lot of what we are seeing in this bill are tax provisions. The political point, which sort of extends beyond reconciliation and more, just as we about the challenges of legislating to address climate change.

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