The bipartisan amendment to narrow the cryptocurrency surveillance provision in the Senate infrastructure bill would raise about $23 billion, according to two people familiar with the plan.
- The Joint Committee on Taxation estimates that the original, broader provision would raise $28 billion over a decade.
- The approximately $5 billion difference would add to a growing gap between the revenue offsets and the bill’s total cost
Rob Portman, who wrote the original provision, says he supports the amendment offered by Sens. Cynthia Lummis, Ron Wydenand Pat Toomey
Senators Pitch More Targeted Crypto Measure in Infrastructure