The Senate is finally in the game on tax cuts, and their amendment to the House-passed budget goes BIGGER than the House version.
Congratulations to Senate Majority Leader John Thune, Senate Budget Chairman Lindsey Graham, and Senate Finance Chairman Mike Crapo. These are the key changes in the Senate amendment:
Crapo was the driving force behind the current policy baseline, which is the key decision that enables the Senate budget to make all of the tax cuts permanent and also include another $1.5 trillion in new tax cuts. He put out an excellent statement that is music to your HOTLINE editors’ ears.
President Trump promptly endorsed the Senate amendment: