Senate Approves Budget Plan that Smooths Path Toward Tax Cut

Labor News

Senators Lindsey Graham of South Carolina and John McCain of Arizona, both Republicans, on their way to vote on Thursday night. Credit Al Drago for The New York Times

Reprinted from The New York Times by  on October 19, 2017.

The Senate took a significant step toward rewriting the tax code on Thursday night with the passage of a budget blueprint that would protect a $1.5 trillion tax cut from a Democratic filibuster.

The budget resolution could also pave the way for opening up the Arctic National Wildlife Refuge in Alaska to oil exploration by ensuring that drilling legislation can pass with only Republican votes. …

Senator Bernie Sanders, independent of Vermont and the ranking member of the Budget Committee, declared the budget to be “extremely cruel,” and Senator Chuck Schumer of New York, the Democratic leader, said it would burden the middle class.

“This nasty and backwards budget green-lights cuts to Medicare and Medicaid in order to give a tax break to big corporations and the wealthiest Americans,” Schumer said. …

NY Times 10/19

 

Reprinted from Common Dreams by Jon Queally on October 19. 2017.

Along strict party lines, the Republican-controlled Senate on Thursday night voted to pass a sweeping budget measure—one criticized as both “despicable” and “horrific” for providing massive giveaways to corporations and the super-rich while eviscerating funding for social programs, healthcare, education, and affordable housing.

The measure passed by 51-49 vote, with only one Republican, Senator Rand Paul of Kentucky, joining every Democrat and the chamber’s two Independents who voted against it. Its approval now paves that way for massive tax giveaways to the wealthy and corporations envisioned by President Donald Trump and the GOP in both the House and the Senate.

“51 Republican Senators just voted to cut Medicaid by $1 trillion and Medicare by $500 billion so that millionaires and corporations can get a tax cut. It’s immoral and despicable,” said TJ Helmstetter, a spokesperson for Americans for Tax Fairness, in a statement immediately following the vote. …

Common Dreams 10/19

About Jeffrey Burman 3100 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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