House Committee Approves 2018 Budget Resolution

The House Budget Committee, with members voting along party lines, voted to send the recently introduced budget resolution to the House floor for consideration by the full chamber.  Opposition is anticipated not only from Democratic members, but also from within the GOP rank and file, with Republican moderates disagreeing with the proposed steep cuts and Republican conservatives arguing that the cuts are not large enough.  Both the House and the Senate must approve the measure to access the reconciliation process, which would allow the passage of tax reform in the Senate by majority vote.  Some GOP conservatives have requested more clarity regarding the tax reform plan, which is not expected to be released until September, before supporting a resolution facilitating its passage.

House panel approves budget measure that advances tax reform

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