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RE: LeoThread 2025-06-06 12:36

in LeoFinance4 months ago

Part 4/7:

Kevin O'Leary, the chairman of O'Leary Ventures, weighed in on the conversation, suggesting that there may be a strategic way to approach the proposed legislation by splitting it into components. This division could allow for the timely passage of essential tax cuts, which are crucial for economic vitality, while working separately on plans to address the deficit.

The Challenge of Majority Votes

A significant complication in this legislative maneuvering is the need to pass the bill through budget reconciliation, which requires a simple majority vote. Splitting the bill could introduce the threat of a filibuster, complicating efforts to pass even the most popular provisions without a 60-vote threshold.

Tax Hikes and Economic Predictions