The Senate adopted a fiscal 2018 budget resolution Thursday that House GOP leaders agreed to accept, a show of unity aimed at speeding consideration of President Donald Trump’s plan to enact tax cuts.The budget cleared the Senate 51-49, with all Democrats and Republican Senator Rand Paul of Kentucky voting against it.“This now allows for the passage of large scale Tax Cuts (and Reform),” Trump tweeted Friday, saying that Paul will vote for tax cuts.
Source: U.S. Senate Adopts Budget, Giving Momentum to Trump’s Tax-Cut Plans – Bloomberg
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US Futures Higher as Tax Reform Hurdle is Passed
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