Senate Republicans introduced a new budget plan on Wednesday that would allow for $1.5 trillion in new tax cuts. The plan also aims to make former President Donald Trump's 2017 tax cuts permanent.
They plan to approve the budget blueprint soon so that committees can start working on a major bill to support Trump's policies, including tax cuts and immigration funding. By using the "reconciliation" process, Republicans can pass the budget with a simple majority, avoiding the usual 60-vote requirement in the Senate.
