House Fast-Tracks GOP Tax Plan by Passing Senate Version of FY 2018 Budget Resolution

From the Food Research and Action Center (http://www.frac.org):

On Thursday, October 26, the House voted to pass the Senate version of the FY2018 budget, 216-212. This sets up a fast-track process (“reconciliation”) for the House and Senate to take up a tax bill, heavily tilted to provide trillions of dollars in tax cuts for the wealthy at the expense of programs that serve low- and moderate-income people.

FRAC denounces Congress’s action to move this budget framework forward and urges policymakers to prioritize the needs of vulnerable children, adults, and seniors by ensuring programs like the Supplemental Nutrition Assistance Program (SNAP) and other critical safety net programs are protected as the process moves ahead.

Current Timeline Projection for the GOP Tax Bill:

  • Nov. 1 — House Republicans are aiming to introduce their tax bill.
  • Nov. 6 — The House Ways and Means Committee is expected to begin its markup of the bill.
  • Nov. 13 — The House is expected to take action on the bill, and the Senate Finance Committee is expected to begin its own markup this same week.
  • Dec. 31 — GOP leadership’s goal is to have a tax bill on the president’s desk by the year’s end.

Check out FRAC’s alert on why this budget resolution — and the tax process it paves the way for — is so dangerous, as well as actions you can take to urge your Members of Congress to oppose and speak out against the tax bill.

As the House and Senate versions of the tax bill come to the floor, we will provide you with an analysis and actions for advocacy.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.