• House Passes Budget, Clearing the Way for Tax Reform
  • October 27, 2017
  • The House of Representatives approved the Senate version of the 2018 federal budget by a narrow margin (216-212). The budget will allow for tax legislation that could add up to $1.5 trillion to the federal deficit over 10 years, and will clear the path for Congress to fast-track tax reform legislation. House Republicans are expected to unveil the text of their tax bill next week.

    Read more: Budget narrowly passes House, a key step in tax reform