US Senate narrowly passes Budget Plan….

Republican Senator’s worked the bill so that they would only need THEIR members simple majority for passage….No Democratic filibuster can stop it…Only Republican Senator Rand Paul voted with the Democrats against the bill…

The media reports are that the math in the spending sets up the Republican effort to pass a Tax Cut bill next which have been pushing for along with Trump…

The bill now goes to the House….

And if passed in the House would be the firsts major legislation the Republicans have voted in since Donald Trump became President….

In Congress, the annual budget resolution provides an outline of federal spending and revenues. The Senate’s blueprint, for the 2018 fiscal year that began Oct. 1, claims to achieve a balanced budget within a decade, assuming greater economic growth and using an accounting method that excludes Social Security. In order to erase projected deficits, it calls for trillions of dollars in spending cuts over the coming decade.

But the cuts exist only on paper, without legislation to achieve them.

Even so, Democrats sounded the alarm, warning that the aspirational cuts in the budget plan called for slicing more than $1 trillion from Medicaid and about $470 billion from Medicare over a decade.

They also lamented the approach that Republicans are taking on taxes, which mirrors the strategy that they employed in their failed effort to repeal the Affordable Care Act. On that matter, Republicans successfully laid the groundwork for a repeal measure that could pass without any Democratic votes, but party leaders could not ultimately get 50 Republican senators to agree on a health bill.

Though Democrats have pleaded to have more say in the tax overhaul, parliamentary language in the budget resolution would allow Republicans to pass a tax bill without any cooperation from the minority party. The tax measure could add as much as $1.5 trillion to budget deficits over a decade.

“Passing this budget is not a requirement for passing tax reform,” said Senator Gary Peters, Democrat of Michigan. “Passing this budget is only a requirement to pass a tax bill with as few votes as possible, without input or buy-in from members of the minority.”

For Republicans, the budget debate provided a moment to showcase their main goal in the coming months: Approving an overhaul of the tax code for the first time in decades, which they hope will lead to greater economic growth.

But before they can move ahead with a tax bill, the House and Senate need to agree on the same budget resolution….

More…

Share on Facebook

8 thoughts on “US Senate narrowly passes Budget Plan….”

  1. Is he SERIOUS?

    Sen. Lindsey Graham plans to propose tying an increase in the federal minimum wage to the tax overhaul package.

    “I’m going to offer a minimum wage increase,” Graham said. “When it comes from the House, I’m going to offer a minimum wage increase because I want everybody to benefit.”….

    More @ http://www.rollcall.com/news/politics/graham-pitches-minimum-wage-hike-part-tax-reform-effort?utm_source=rollcallafternoon&utm_medium=email&utm_campaign=newsletters&utm_content=102017&utm_source=rollcallafternoon&utm_medium=email&utm_campaign=newsletters&utm_content=102017

  2. He won’t get a min salary go from the House…

    NO WAY…

    Even little ole me knows that…

    This is a typical Graham tease

  3. I believe he is completely serious.

    And it might very well pass the House, when combined with business tax breaks. It would make “good politics” for the incumbents going into an election year.

  4. I don’t know if it will pass or not.

    I just didn’t understand your reference to him being “serious.”

    If introducing legislation that won’t pass is the mark of “seriousness,,then like 90%+of Congresspeople who introduce bills are not “serious” I presume.

  5. The key component to what Graham is sponsoring is a cut in business taxes to go along with a minimum wage increase.

    That’s how politics always works.

Leave a Reply

Your email address will not be published. Required fields are marked *