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October 18, 2017

Senate moves ahead on key GOP budget

  • The plan calls for $5 trillion in spending cuts, including cuts to Medicare, Medicaid and the health care law, though Republicans have no plans to actually impose those cuts.
    • By ANDREW TAYLOR
    Associated Press

    WASHINGTON — The Senate is moving ahead on a Republican budget plan, a critical step in President Donald Trump and the party's politically imperative drive to cut taxes and simplify the IRS code.

    The nonbinding budget plan would permit Republicans to pass follow-up tax cuts later this year that would cost up to $1.5 trillion over the coming decade. The plan cleared a procedural hurdle in the Senate on a party-line vote of 50-47.


     
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