Page 2 - Budget Frame Work News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To see you. thank you. >> thanks. >> shepard: president trump's tax plan passing major hurdle today. the house of representatives approved a budget frame work that gives senate republicans the power to pass a tax bill with 50 votes instead of the 60 you normally need. they also have the power to pass a healthcare bill but didn't manage to get it done. our season capitol hill producer, chad pergram reports if the house had not approved this budget frame work, the republican tax plan probably would have been dead like immediately. mike emanuel has more. are they optimistic up there now, mike? >>...

Americans. as a result, we are more than halfway towards the goal of 4 trillion dollars in deficit reduction that economists say we need to stable highs our finances. tonight, i'll layout additional proposals fully paid for and fully consistent with the budget frame work, both parties agreed to just 18 months ago. let me repeat. nothing i'm proposing tonight should increase our deficit by a single dime. >> amazing that the president can say that with a straight face according to the treasury department since the day he accepted in the oval office, 5.8 trillion dollars and guess that, joining m...

Said, the general target is something we can all agree on. as a member of the budget committee, i was struck yesterday to hear that five different republican sprenators come to the floor and say we have not passed a budget in 1,000 days. and we did pass a budget. several republican senators said we have a budget. it's important i think for the american people to know that we are operating within a budget frame work. >> let me ask you the same question that i asked senator toomey. do you believe that november is going to decide the future of the bush tax cuts? >> that is right. >> that if you k...

Senatorial committee, republican senator from colorado. they say if the allegations are true, he should drop out. what happens when you have the special election december 12? that's the time that the senate would be voting on this. if you have the vacancy or doug jones wins, this is a wild card. passing tax reform is a very complicated matrix and this is another variable. some people thought that you might actually be better off with doug jones because you know he might not vote for this bill if he wins. roy moore's campaign when i spoke with him initially, they said they had nothing to offer ...

Latest updates on this topic from reliable sources.