Scoop: Treasury officials defend "revenge tax" from wary GOP senators

axios.com/2025/06/06/trump-budget-section-899-revenge-tax

Top Treasury officials are privately explaining to GOP senators that Section 899 of the House-passed budget bill is already forcing foreign countries to the negotiating table, according to administration officials.
Why it matters: Critics are calling the provision a "revenge tax." But…

This story appeared on axios.com, 2025-06-06 22:25:56.
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