U.S. President Donald Trump on Friday signaled optimism for the passage of Republicans’ sweeping tax cut plan, saying a key senator who rejected the party’s budget blueprint a day earlier would likely back the proposed tax measure when the item comes up for a vote.
“The Budget passed late last night, 51 to 49. We got ZERO Democrat votes with only Rand Paul (he will vote for Tax Cuts) voting against,” Trump wrote on Twitter. “This kind of currently allows for the passage of large scale Tax Cuts (as well as Reform), which will be the biggest within the history of our country!”
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On Thursday, the Republican-controlled Senate approved the budget resolution for the 2018 fiscal year with Paul casting the lone Republican vote against the item.
which approval paves the way for their tax-cut package, which would likely add up to $1.5 trillion to the federal deficit over the next decade in order to pay for proposed cuts.
Democrats remained united in their opposition to the budget bill as well as are unlikely to support Republicans’ tax plan, which they argue would likely benefit the wealthy, raise taxes on some middle-class Americans as well as increase the federal deficit.
The Senate’s budget must be reconciled which has a markedly different type passed by the U.S. House of Representatives, also controlled by Republicans, a process lawmakers have said could take up to two weeks.