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Republicans could now unexpectedly try to 'steamroll' Trump's massive tax plan through Congress

11 monthes ago   |   By

Getty Images/Pool
The Senate passed its budget resolution Thursday night, setting up the path to tax reform.
Indications from the GOP leaders is that Congress may speed up the process to pass tax reform sooner rather than later.
Challenges still lay ahead, and a tax code overhaul is not guaranteed.
Republicans hit high gear on their plan to reform the US tax code on Thursday night and are aiming to pass their bill "ASAP."
The Senate passed its 2018 fiscal year budget resolution , clearing a major hurdle on the track to tax reform. The resolution sets up the GOP's ability to use what is...
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Republicans' process for passing tax reform looks strikingly similar to healthcare - but they say this time will be different

Republicans' process for passing tax reform looks strikingly similar to healthcare - but they say this time will be different

11 monthes ago   |   By

Chip Somodevilla/Getty Images
Republicans are set on using the reconciliation process to bypass the 60-vote threshold.
GOP senators believe an increased number of hearings opens the process as much as possible.
Democrats are still feeling left in the dark and unable to contribute to the first tax code overhaul in 30 years.
WASHINGTON - A significant factor in the downfall of the repeated attempts to repeal and replace Obamacare was the Senate's intent on not passing legislation through the regular order, instead bypassing the 60-vote threshold in favor of the reconciliation...
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Rand Paul says he supports 'biggest, boldest cuts possible' to taxes after Trump calls him out on Twitter

Rand Paul says he supports 'biggest, boldest cuts possible' to taxes after Trump calls him out on Twitter

11 monthes ago   |   By

Ron Sachs-Pool/Getty Images
President Donald Trump called out Rand Paul on Twitter Friday morning, saying he supported the Republican tax plan.
Paul responded that he was "all in for tax cuts."
The use of "cuts" instead of reform may be a key difference that leaves Paul room to defect from the plan.
Sen. Rand Paul on Friday indicated his support for "tax cuts" on Twitter after President Donald Trump mentioned him by name earlier in the morning.
"I'm all in for tax cuts realDonaldTrump," said Paul, a Republican from Kentucky. "The biggest, boldest cuts possible - and soon!"
Paul has been...
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