The maneuver seems to be to offset tax cuts this budget year. I think they need to set a precedent so they can offset tax cuts through subsequent years.
I doubt anyone behind this legislation cares about offsetting tax cuts. This isn't about raising money--it's about transferring assets from the public into wealthy, private hands, like these guys[1]. It's always about that.
This should be the top comment every time this subject comes up.
2 birds one stone.
The reason they need to offset tax cuts is because they're about to extend the huge tax cuts for the rich from the first Trump administration.
I agree with the general sentiment, but it’s worth pointing out that this is a drop in the bucket compared to the tax cuts, AFAIK :(
Definitely a concern that I share, but I also wonder if it's a matter of diminished returns and to what degree that will impact things. Just because it's highlighted as sellable doesn't mean that it's easy and cost-efficient to develop.