President Trump on Friday touted Thursday’s Senate passage of the $4 trillion budget plan, saying it’s a critical first step toward the GOP’s efforts to accomplish tax cuts.
“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,” he 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!”
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.....
— Donald J. Trump (@realDonaldTrump) October 20, 2017
....This now allows for the passage of large scale Tax Cuts (and Reform), which will be the biggest in the history of our country!
— Donald J. Trump (@realDonaldTrump) October 20, 2017
The vote late Thursday night will allow Republicans to pass tax reform legislation with 50 votes instead of 60, meaning that the GOP will not need to rally any Democratic support for the measure.
The budget resolution would allow the GOP tax proposal to add as much as $1.5 trillion to the deficit over 10 years.
Trump and Republican lawmakers are pushing hard for the first tax code overhaul in decades, after efforts to repeal and replace parts of the Affordable Care Act floundered in the Senate earlier this year. (The Hill)
Paul voted with Democrats in opposing the measure because he believes the budget should try to reduce the nation's deficit.
On tax cuts, however, Paul says he’s “all in.”
“I’m all in for tax cuts @realDonaldTrump. The biggest, boldest cuts possible - and soon!” he wrote on Twitter Friday morning.
I’m all in for tax cuts @realDonaldTrump. The biggest, boldest cuts possible - and soon!
— Senator Rand Paul (@RandPaul) October 20, 2017