Donald Trump’s 2018 Fiscal Year Budget Passes Congress Paving Way For Tax Reform
“Budget that just passed is a really big deal, especially in terms of what will be the biggest tax cut in U.S. history – MSM barely covered!” Trump tweeted.
Senate Republicans passed the fiscal 2018 budget on Thursday night after a long voting marathon on the Senate floor. Senators voted 51-49 to pass the bill, with Sen. Rand Paul (R-Ky.) joining every Democrat in opposition to the bill.
The bill is key to Republican efforts to pass tax reform because it includes instructions that allow such a bill to avoid a Democratic filibuster.
Senate Majority Leader Mitch McConnell (R-Ky.) praised the passage of the budget bill and said it would lead to passing the GOP’s tax-reform plan.
“Passing this budget is critical to getting tax reform done, so we can strengthen our economy after years of stagnation under the previous administration,” McConnell said.
Trump also touted the passage of the bill in a series of tweets Friday morning.
“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 said.
“This now allows for the passage of large scale Tax Cuts (and Reform), which will be the biggest in the history of our country!” he continued.