Republicans' partial tax plan estimated to cost $5 trillion

Contributing sentiments towards policy:

54% : Among others offsets, Republicans are looking to cut back the clean energy credits from the Democrats' 2022 climate law known as the Inflation Reduction Act, and increase tax rates on private foundations.
53% : The estimate, released Saturday evening by the Joint Committee on Taxation, also underscores how much hinges on the final details of the plan, which are likely to be unveiled Monday afternoon ahead of a scheduled Tuesday markup by the House Ways and Means Committee, chaired by Rep. Jason Smith (R-Mo.).
47% : Some observers are interpreting the preliminary figures from the Joint Committee on Taxation to forebode the need to secure large tax increases to offset the costs of the larger bill, which Republicans want to pass through the filibuster-skirting budget reconciliation process.

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