House budget key to Trump tax plan

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    Did the Senate GOP just sink the House GOP budget plan by screwing the pooch on Healthcare – PB/TK

    House budget key to Trump tax plan – By Andrew Taylor / July 18 2017

    Despite opposition from Republican moderates and conservatives, House leaders are pressing ahead with a budget plan whose success is critical to the party’s hopes to deliver on one of President Donald Trump’s top priorities — a GOP-only effort to overhaul the tax code.

    The importance of the measure has been magnified by the collapse in the Senate of the Trump-backed effort to repeal President Barack Obama’s health care law, leaving a rewrite of the tax code as the best chance for Trump to score a major legislative win this year. The measure would require about $200 billion worth of cuts to benefit programs and other so-called mandatory spending coupled with the tax plan.

    The budget plan unveiled Tuesday is crucial because its passage would pave the way to pass a tax overhaul this fall without the fear of a filibuster by Senate Democrats.

    But it also proposes trillions of dollars in cuts to the social safety net and other domestic programs and puts congressional Republicans at odds with Trump over cutting Medicare. It also would sharply boost military spending.

    Continue to recorder.com article: http://www.recorder.com/House-budget-blueprint-key-to-success-of-Trump-tax-agenda-11357282

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