House passes $4 trillion budget pivotal for Trump tax plan

2017-10-26 6

President Trump's efforts to cut taxes received a boost after the House narrowly passed a GOP budget, allowing for a $1.5-trillion deficit increase. Passage allows Congress to use special budget rules to approve the tax package on a simple majority vote, preventing Democratic opponents from blocking it with a filibuster in the Senate. The tax package, which is scheduled to be unveiled next week, would be Trump's first major win in Congress.