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

Senate Republicans are looking to change how extending Trump's 2017 tax cuts will affect future federal deficits, with projections indicating a nearly $4 trillion increase over a decade by the Congressional Budget Office.
Democrats accuse Republicans of violating Senate rules by allowing the Senate Budget Committee Chairman to select a scoring baseline that shows no deficit impact.
Senate Democratic leader Chuck Schumer expressed frustration, stating that Republicans are 'blowing up the institution's rules' and referring to the change as an 'accounting gimmick.'
President Donald Trump supports the Senate's budget plan and emphasizes the need for unity among Republicans to pass the measures swiftly.

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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…

5 hours ago·Chicago, United States

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Truthout

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Senate Republicans Unveil Budget Blueprint to Deliver on Trump’s Agenda

“Let’s be clear: Trump and his allies in Congress are cooking the books in broad daylight,” said one critic.

6 hours ago·Sacramento, United States

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atr.org

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ATR's Norquist Backs Senate Budget Resolution Paving the Way for Permanent Tax Cuts - Americans for Tax Reform

The Senate took a crucial step towards enacting President Trump’s agenda of permanent, pro-growth tax cuts by releasing its budget resolution on Wednesday. Grover Norquist, President of Americans for Tax Reform, released the following statement in support of the Senate’s budget plan: Americans for Tax Reform strongly supports the Senate budget plan and encourages all members of the Senate to vote in favor of the resolution. The Senate budget re…

7 hours ago

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The Center Square

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Senate Republicans to vote on budget plan permanently extending Trump tax cuts

(The Center Square) – Through a newly-introduced amendment, Senate leaders have found a way to move the House’s budget resolution forward and make President Donald Trump’s 2017 tax cuts permanent.

8 hours ago·United States

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Talking Points Memo

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‘They’re Engaged In Trickery’: What Sen Republicans Are Actually Trying To Do With Their Tax Cut Magic Math

Senate Republican leadership released the legislative text for their second attempt at a budget resolution Wednesday afternoon, signaling that despite several…

8 hours ago·United States

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Yeshiva World News

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GOP Seeks Budget Rule Change to Extend Trump Tax Cuts Without Adding to Deficit

An obscure but consequential bookkeeping matter has become the latest flashpoint in Congress as Republicans labor to enact President Donald Trump’s sprawling tax cut agenda. Senate Republicans are looking to change how extending many of Trump’s 2017 tax cuts would be scored when it comes to future federal deficits. The Congressional Budget Office has projected that extending the cuts would increase deficits by nearly $4 trillion over the coming …

9 hours ago

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