Senate Republicans To Use Reconciliation To Pass Trump Tax Plan

Senate Republicans will use reconciliation to pass the Trump tax plan according to the Hill. (Photo Credit: Gage Skidmore / Flickr)

Senate Republicans will use reconciliation to pass the Trump tax plan according to the Hill. Bills passed with reconciliation only require 51 votes.

The Senate Budget Committee unveiled a budget resolution for 2018 on Friday that would allow the party to shield its tax reform bill from a Democratic filibuster.The budget would allow the tax reform package to increase the deficit by $1.5 trillion over a decade, though some Republicans argue this would not be the case because of gains from the economy.

It also charts a path that would cut spending by $5.1 trillion over a decade and, like proposals in the House and from the White House, portends to balance the budget within the 10-year time frame. Unlike the House budget, the Senate budget's balancing calculation would not include Social Security, which would continue to run high deficits.

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