Along party lines, the latest version of the Senate tax reform bill passed out of the Budget Committee Tuesday afternoon.
#BreakingNews: Senate Budget Committee passes its version of the GOP tax reform bill. pic.twitter.com/6fSm6iXhGx
— FOX Business (@FoxBusiness) November 28, 2017
Senate Budget Cmte ok's budget framework for tax reform. This sets up budget reconciliation package which avoids filibusters.
— Chad Pergram (@ChadPergram) November 28, 2017
"President Donald J. Trump applauds the Senate Budget Committee on taking an important step toward passing historic tax relief and reform and clearing the Tax Cuts and Jobs Act this afternoon. The momentum driving our shared priorities of job growth, economic competitiveness, and fiscal responsibility through tax reform is undeniable, and this Administration is encouraged by the progress the Senate has made toward achieving these priorities. The President looks forward to providing tax cuts for hardworking Americans by the end of the year," White House Press Secretary Sarah Sanders released in a statement.
President Trump was on Capitol Hill Tuesday morning rallying support for the legislation as key Republicans remain skeptical on a number of components.
McConnell on getting votes for tax bill:
— Chad Pergram (@ChadPergram) November 28, 2017
It’s a challenging exercise..Think of sitting there with a Rubik’s Cube..trying to get to 50
McConnell on if some GOP senators are letting the perfect be the enemy of the good on tax reform: Big complicated bills are challenging. You’ve watched us wrestle with it
— Chad Pergram (@ChadPergram) November 28, 2017
A full floor vote on tax reform is expected by the end of the week.