Trump teases Senate vote on 'first step toward massive tax cuts', says GOP may have enough votes 'but who knows?'
Aaron Bernstein/Reuters
- On Thursday, the Senate is expected to vote on its budget resolution, a key step towards tax reform.
- President Donald Trump teased the vote on Twitter, saying of he thinks the GOP has "the votes, but who knows?"
- GOP Sen. Rand Paul is the only Republican projected to vote against the measure.
President Donald Trump teased the upcoming vote on the fiscal year 2018 budget on Twitter Thursday, appearing to be cautiously optimistic on the prospects for the major step towards passing the GOP tax reform plan.
"Republicans are going for the big Budget approval today, first step toward massive tax cuts," Trump tweeted. "I think we have the votes, but who knows?"
After deliberating on the fiscal year 2018 budget over the past two days, the Senate is expected to take up a vote on the resolution some time on Wednesday. The House passed their own, substantially different, version of a budget on October 5.
The Senate budget will include what is known as reconciliation instructions, which will allow Republicans to eventually pass a tax reform bill through the chamber with a simple majority and avoid a Democratic filibuster. This is important since the GOP only holds a slim 52-seat majority.
Trump's tease, casting doubt that the Republicans having enough votes to pass the resolution, appears to be in reference to resistance by Sen. Rand Paul. Paul believes the resolution does not do enough to control spending.
Despite Paul's defection, it does appear that Republicans have enough breathing room to pass the budget. Sen. John McCain, who originally appeared to be wavering on the proposal, said he would vote for the measure as a way to kick off tax reform.
Additionally, the math for Republicans is a bit easier with Sen. Thad Cochran returning to Washington after a health problem and Democratic Sen. Bob Menendez expected to be away from Capitol Hill due to a corruption trial in New Jersey.
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- A millennial manager went viral after her Gen Z assistant picked up a work call while at the hair salon: 'Go off queen'
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Kia India looks to expand sales, service network to 700 touchpoints by year-end
- Shapoorji Pallonji’s Afcons Infra files DRHP for ₹7,000 crore IPO
- Water crisis affects businesses across Bengaluru; Is there room for cautious optimism?
- BenQ Zowie EC2-CW review – Premium wireless mouse for gamers
- Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings