WASHINGTON (AP) – Republicans are pressing ahead with a budget plan designed to help the party to deliver on a GOP-only effort to overhaul the tax code.
The plan before the House Budget Committee on Wednesday also features promises to cut more than $5 trillion from the budget over the coming decade, though Republicans only appear serious about actually enacting a relatively modest $203 billion deficit cut over the same period.
The importance of the effort has been magnified by the cratering in the Senate of the Trump-backed effort to repeal President Barack Obama’s health care law, leaving a rewrite of the tax code as the best chance for Trump to score a major legislative win this year.