Senate budget resolution released
Source: Politico
By POLITICO STAFF 09/29/2017 12:05 PM EDT
The Senate Budget Committee today released the text of a fiscal 2018 budget resolution that would pave the way for a tax overhaul without Democratic votes.
The 89-page legislative text includes reconciliation instructions that allow the Senate Finance Committee to add up to $1.5 trillion to the deficit over the next 10 years. The budget also includes instructions for the Senate Energy and Natural Resources Committee to save at least $1 billion over a decade.
A vote is expected next week and the resolution is expected to be approved. Here is a summary of the resolution, and here are its tables and an explanation of how it enables tax reform.
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Read more: http://www.politico.com/story/2017/09/29/senate-budget-resolution-released-243300
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