Senate moves ahead on GOP budget
WASHINGTON (AP) The Senate is moving ahead on a Republican budget plan, a critical step in President Donald Trump and the party's politically imperative drive to cut taxes and simplify the IRS code.
The nonbinding budget plan would permit Republicans to pass follow-up tax cuts later this year that would cost up to $1.5 trillion over the coming decade. The plan cleared a procedural hurdle in the Senate on a party-line vote of 50-47.
The plan breaks with longstanding promises by top Republicans like Senate Majority Leader Mitch McConnell and Speaker Paul Ryan that the upcoming tax drive won't add to the nation's $20 trillion debt. Once the budget plan passes through the GOP-controlled Congress, the House and Senate can then advance a follow-up tax overhaul measure without fear of a filibuster by Senate Democrats.
"It is crucial that Congress approve this fiscal framework in order to eliminate the dated and stifling tax policies that are holding back our nation," said Budget Committee Chairman Mike Enzi, R-Wyo.
The budget plan calls for $5 trillion in spending cuts over the decade, including cuts to Medicare, Medicaid and the Obama-era health care law, though Republicans have no plans to actually impose those cuts with follow-up legislation.
Tuesday's vote sets up a vote later this week to pass the budget. That vote is likely to be close, but key GOP moderates such as Susan Collins of Maine and Lisa Murkowski of Alaska have signaled support. Rand Paul, R-Ky., is opposed, but so far he is the only Republican to come out against the measure, and GOP leaders are confident the budget will pass by Friday.
Paul told reporters he wants to strip $43 billion in war funding from the measure, claiming the money busts budget limits set years ago. He lashed out at Sens. John McCain, R-Ariz., and Lindsey Graham, R-S.C. who are longstanding defense hawks defending the war funding and questioned whether Republicans are serious about cutting automatic-pilot programs known as entitlement spending.
"You've got the McCain-Graham people clamoring for as much money as they can stuff in there and then we also have people saying, `Oh yeah, we're going to do entitlement reform' but with no means, no mechanism, and no will shown that they actually are serious."
Graham shot back on Twitter that Paul was dishing out "bad info" and was threatening to "screw up (hash)TaxReform."
Trump and his GOP allies plan to use the $1.5 trillion in tax cuts to sharply reduce corporate rates, cut taxes for most individuals, and slash taxes on business partnerships such as law firms, medical practices, and accounting firms. After failing to deliver on their promise to "repeal and replace" the health care law, Republicans fear that failure to deliver on taxes would be a political disaster.