President Trump Urges House Republicans to Adopt the Senate-Approved Budget to Speed Up Tax-Reform Process
Posted on Oct 23, 2017 in News
President Trump and Vice President Mike Pence urged House Republicans on a conference call yesterday to speed up the tax reform process by adopting the Senate-approved budget without further amendments. The chairwoman of the House Budget Committee, Rep. Diane Black, as well as Speaker Paul Ryan also voiced their support for the passage of the Senate budget this week. The end of this...
McCain Announces Support for Budget Resolution
Posted on Oct 18, 2017 in News
Sen. John McCain buoyed GOP tax reform hopes by announcing his support for the Senate budget resolution, set for a vote later this week. Debate on the resolution began midday Tuesday following a 50-47 vote, split along party lines, to move the process forward. While Sen. John Thune expressed optimism toward passing the resolution, some Senate Republicans remain uncommitted, including...
Senate Republicans to Vote on Fiscal Year 2018 Budget
Posted on Oct 16, 2017 in News
Senate Republicans anticipate voting on the fiscal year 2018 budget this week, allowing their tax plan to add up to $1.5 trillion to the deficit over the next ten years. The resolution will also contain provisions allowing the GOP to pass the tax reform bill, promised to be brought to the floor by year’s end, by a simple majority and avoid a Democratic filibuster in the Senate. While...
McConnell Confirms Intent to Use Budget Reconciliation to Pass Tax Reform
Posted on Aug 2, 2017 in News
Senate Majority Leader Mitch McConnell, in response to the Senate Democratic Caucus’s August 1st letter urging bipartisan tax reform, stated that the GOP will need to utilize the reconciliation process to avoid a Senate filibuster. He suggested that the demands set forth by Senate Democrats indicated that they did not share Republican priorities regarding tax reform. However,...