Comment by vlovich123
5 days 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.
Those 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-chan...