As earlier scheduled, House Republicans on Thursday adopted the Senate’s version of the 2018 budget resolution with a narrow margin of 216-212, thereby overcoming a key hurdle for the party’s tax-reform plan. The budget will pave way for Republicans to pass a tax overhaul that adds up to $1.5 trillion to the deficit through a... Read More

October 24, 2017

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House to vote on senate’s version of budget resolution on Thursday

Following the upper chamber’s effort on Friday, the House is expected to vote on the Senate-amended 2018 budget resolution on Thursday. Though it passed its own resolution few weeks ago, the house will now take up the Senate’s version which allowed for $1.5 trillion in deficit-financed tax cuts. Just like in the Senate, the budget... Read More

Donald Trump

budget resolution, house, senate

October 20, 2017

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Senate passes budget resolution clearing the way for tax reform

The Senate late Thursday night, passed the 2018 budget resolution which enshrines a reconciliatory provision that deflects any Democrats filibuster and thereby paved way for a tax reform. President Trump who had initially expressed cautious optimism towards getting the required vote commended the Congressional GOP, particularly the Senate majority leader for the skill set displayed... Read More

Donald Trump

budget resolution, donald trump, Mitch McConnell