Sen. Thune: House Budget Needs Changes for Tax Cuts

Sen. Thune: House Must Change Budget Plan for Trump's Tax Cuts

Sen. Thune: House Budget Needs Changes for Tax Cuts

House Republicans need to increase spending in their budget proposal to accommodate President Donald Trump’s sweeping tax-cut agenda, according to Senate Majority Leader John Thune, R-S.D.

House GOP leaders last week announced that a budget resolution had advanced out of the Budget Committee.

The resolution outlines a $1.5 trillion floor for spending cuts across committees with a target of $2 trillion, a $4.5 trillion cap on the deficit impact of the Republicans’ plan to extend Trump’s 2017 tax cuts, and $300 billion in additional spending for the border and defense. It also increases the debt limit by $4 trillion, The Hill reported.

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