expensing

Search documents
Sen. James Lankford: Accounting changes in GOP bill will not impact the deficit
CNBC Televisionยท 2025-07-09 12:37
Companies are now allowed to write off the full cost of new equipment uh ra the year that they buy it rather than spreading it out over time. This comes as part of President Trump's new mega bill. Joining us now, Senator James Langford.He's vice chair of the Senate uh Republican Policy Committee. And Senator, I don't know if the rest of the world was excited about this, um, but we heard many many of our guests talk about how powerful uh and important this component of of the big uh beautiful bill was uh for ...