Senate Republicans’ 2018 budget plan survived an initial test vote on Tuesday, setting the stage for what could be a marathon vote series later in the week amid a debate between fiscal hawks and defense hawks in the party.
Business & Economy
It was two weeks ago that congressional GOP leaders unveiled their “Unified Framework for Fixing Our Broken Tax System,” and its opponents (read: every special interest group that employs a tax lobbyist) have launched their campaigns to protect their loopholes.
Office of Management and Budget Director Mick Mulvaney said Tuesday that his concern for the deficit is what drives him to pass tax reform.
President Trump on Monday seemed to be pushing back a year-end deadline for the GOP to get tax reform done, saying there’s still “a long way to go” and that it took President Ronald Reagan “years” to accomplish his overhaul of the tax code.
President Trump said Monday that he’s eyeing another major government reform — this time tackling welfare.