After four years of towering inflation, some Republican lawmakers are seeking to index major tax breaks to inflation as they begin crafting major fiscal policy legislation. Prices have risen 21% over the past four years or so,

Congress is finding votes before deciding what should be in a tax bill. That could backfire, Tax Foundation CEO Daniel Bunn writes in a guest commentary.

It comes as the Trump White House plows ahead on its efforts to roll back the Biden administration’s climate agenda.