10-20-2017, 01:50 PM
Over the course of two days, the Republican majority voted almost en bloc against amendments that included a requirement that no one making $250,000 or less would face a tax increase, to prevent tax cuts from increasing the deficit, to require a "score" on a tax bill's impact from the Congressional Budget Office before a vote could be taken, and to prevent cuts to Medicare or Medicaid.
The budget approved by the House on Oct. 5 said tax cuts had to be offset with tax increases or spending cuts and could not add to the deficit; the Senate measure would allow debt to increase by $1.5 trillion.
The House measure also required $200 billion in deficit reduction be found later through reconciliation, while the Senate measure only included a token $1 billion reconciliation cut.
Either the House must pass the Senate's version, or both chambers must appoint a conference committee to develop a compromise that would have to be approved again in each chamber. Key votes will come from conservatives who have railed against deficit spending in the past.
Full piece: https://www.usatoday.com/story/news/poli...780610001/
The budget approved by the House on Oct. 5 said tax cuts had to be offset with tax increases or spending cuts and could not add to the deficit; the Senate measure would allow debt to increase by $1.5 trillion.
The House measure also required $200 billion in deficit reduction be found later through reconciliation, while the Senate measure only included a token $1 billion reconciliation cut.
Either the House must pass the Senate's version, or both chambers must appoint a conference committee to develop a compromise that would have to be approved again in each chamber. Key votes will come from conservatives who have railed against deficit spending in the past.
Full piece: https://www.usatoday.com/story/news/poli...780610001/