Politico: “Much of the GOP’s sweeping Trump-era tax breaks are set to expire in 2025, which will almost certainly push Congress to act on their future. So the 2024 campaign will determine whether Republicans can keep the cuts, Democrats can rewrite them — or, if neither party gets a clean sweep, whether a split government prompts a massive fiscal collision.”
“Both Democrats and Republicans are actively strategizing over how to handle the very real consequences of the tax cliff. First, though, one party has to try to win it all.”

