House Passes $4T Budget In Step Forward For Trump Tax Plan
House passes $4T budget in step forward for Trump tax plan
WASHINGTON (AP) — The House on Thursday gave a significant boost to President Donald Trump’s promise to cut taxes, narrowly passing a GOP budget that shelves longstanding concerns over federal deficits in favor of a rewrite of the tax code that Republicans promise will jump-start the economy.
The 216-212 vote permits Republicans to begin work on a follow-up $1.5 trillion tax cut and move it through Congress without fear of blocking tactics by Democrats. The tax bill is the top item on the GOP agenda, would be Trump’s first major win in Congress — and, Republicans hope, a much-needed boost for the party’s …