“Moments after the Senate passed a massive fiscal year 2018 budget with only Republican votes, Democrats slammed the resolution and it’s pathway towards passing a GOP tax reform plan. The resolution passed by a vote of 51-to-49, with Sen. Rand Paul of Kentucky representing the only Republican defector.” as reported by the Business Insider.
And this is what Democrat Chuck Schumer (US Senate Minority Leader) had to say:
“This nasty and backwards budget green lights cuts to Medicare and Medicaid in order to give a tax break to big corporations and the wealthiest Americans. It shifts the burden from the wealthy and puts it squarely on the back of the middle class, and blows a hole in the deficit to boot,” said Senate Minority Leader Chuck Schumer. “I think it will go down in history as one of the worst budgets Congress has ever passed.”
And Republican Mitch McConnell (US Senate Majority Leader) said this about the 2018 budget per Politicol:
“It clears the way for committees to continue their critical work to spur steady economic growth while providing legislative tools to advance tax reform,” Senate Majority Leader Mitch McConnell (R-Ky.) said earlier Thursday. He called a tax overhaul “the single most important action we can take today to help our economy reach its full potential.”
You know if Schumer is upset, then it is going to be a great thing for the American people and our economy. No more 1.0 GDP as evidenced by the 2017 second quarter GDP of 3.1. More jobs, better economy and a strong stock market. It looks like the Republican’s banded together (despite Rand) to make the 2018 Budget pass. And this IS good news and bodes well for the Tax Reform Bill that President Trump would like to see pass before the end of the year.
Sarah Huckabee Sanders just said moments ago in the daily White House presser:
“Budget is a BIG step towards Tax Reform.”
GO Republican Congress…THIS is why we voted you in. Drop a line and let us know what you’re thinking about the budget.
(Feature photo credit to NY Daily News)