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There was some accounting changes passed during the Biden administration’s funding bill that made it capex for a few years. It’s been rolled back in the Trump a
by vlovich123 5mo ago
There was some accounting changes passed during the Biden administration’s funding bill that made it capex for a few years. It’s been rolled back in the Trump administration’s bill and I suspect no one will ever let it happen again.
- agwa 5mo agoThose changes were passed during the first Trump administration by a Republican congress, though they didn't go into effect until Biden was in office. https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/tcja-changes-research-experimentation-costs-section-174-tmm-0202723.pdf https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/tcja-chan...