Overview
- Senate Republicans are advancing a budget resolution to make the 2017 Trump tax cuts permanent, while also addressing border security and defense funding.
- GOP leaders are prepared to bypass the Senate parliamentarian’s ruling on using a 'current policy baseline,' which would treat the tax cuts as having no deficit impact.
- The House and Senate remain divided over spending cuts, with the House demanding $1.5 to $2 trillion in reductions compared to the Senate's placeholder of $4 billion.
- Democrats strongly oppose the GOP's approach, arguing it violates budget rules and could add trillions to the national debt.
- A vote on the budget resolution is expected later this week, setting the stage for inter-chamber negotiations and potential legislative hurdles.