Senate budget blueprint empowers GOP chair to decide if Trump tax cuts add to deficit

Extending Trump tax cuts critical for Main Street

WASHINGTON (TNS) — Congress has a decision to make. Hang American small business owners out to dry, or lock in a tax system that allows America’s entrepreneurs to thrive?

Senate Republicans Rig Congressional Rules to Make Their Tax Cuts Appear Cost-Free

This week, members of Congress are arguing about whether extending Trump’s 2017 tax cuts would cost trillions of dollars over a decade or cost nothing. How could lawmakers have such divergent views on a basic factual question? If you ask D.C. insiders, they will start explaining the debate over the “budget baseline” and you will instinctively scan the room for someone who looks like they would be more fun to talk to. However, given that Congress…

Reporter's Notebook: Senate considers extending Trump tax cuts at a heavy cost

The Senate is considering extending President Trump's tax cuts from 2017, at a cost of $4.5 trillion over the next decade. "CBS Evening News" co-anchor John Dickerson examines the budget question.

'They’ve got 3 choices': Senator gives ultimatum to colleagues wary of debt limit increase

Republicans in the Senate voted 52-48 on a budge blueprint pushing a one-two combo of steep tax cuts and spending increases for immigration enforcement and the military, while demanding a $5 trillion increase to the debt limit.Every Republican except Sen. Rand Paul (R-Ky.) voted for the measure, despite the ongoing economic freefall Thursday in U.S. and global markets.Thursday's vote heralded about 50 hours of debate preceding an amendment proce…

Senate advances blueprint for Trump tax cuts, other top priorities

The Senate on Thursday advanced its budget resolution, teeing up a weekend vote on a blueprint for President Trump's tax agenda and other top priorities. Senators voted 52-48 to kick off consideration of the measure. A simple majority was needed. The resolution sets out instructions that both chambers will eventually use to craft a bill they hope to pass through a process called budget reconciliation, which bypasses the Senate filibuster. The vo…

Senate Republicans unveil budget blueprint

WASHINGTON (NEXSTAR) -- Senate Republicans just unveiled a new budget bill meant to advance President Donald Trump's agenda. Now they're gearing up for a vote-a-rama to kickstart the process of getting it passed.  The new budget blueprint from Senate Republicans has President Trump's nod of approval.  "The Senate plan has my complete and total support," Trump said.  Their proposal extends the president's signature 2017 tax cuts and also calls fo…