IT’S OFFICIAL: HE JUST PASSED IT
The House Republicans passed a bill on Thursday that
has conservatives all over the U.S. cheering.
The Republicans managed to effectively pass the 2018
budget resolution with no Democrat votes needed. This means that they will be
able to adopt the tax reform legislation and enable President Donald Trump to
make a law out of it.
The vote was 219-206, with all Republicans voting in
favor and all Democrats voting against. After the vote, Republican leaders
pointed out that it is essential to introduce this tax reform to America.
“We haven’t reformed this tax system since 1986. We
need to pass this budget so we can help bring more jobs, fairer taxes and
bigger paychecks for people across this country,” said Speaker Paul Ryan, R,
Wisc.
While the bill was being debated, House Budget
Committee Chairman Diane Black, R-Tenn., explained this measure will help
middle- class and American businesses to develop even further.
“Our budget specifically paves the way for pro-growth
tax reform that will reduce taxes for middle class Americans and free up
American businesses to grow and hire,” said Black.
This move will eliminate the revenue loss and
remaining shortcomings added to the $20 trillion debt of the country. In doing
this, Republicans will cut financial regulations, welfare privileges and
release over $203 billion.
Democrats are not very happy about this.
“This budget isn’t about conservative policy or
reducing the size of our debt and deficits. It’s not even about American
families. This budget is about one thing — using budget reconciliation to ram
through giant tax giveaways to the wealthy and big corporations — and to do it
without bipartisan support,” said Rep. John Yarmuth, D-Ky., a top member of the
House Budget Committee.
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