The U.S. Senate narrowly voted 51-49 to pass its budget resolution. Unfortunately, the budget passed by the Senate has many similarities to the House budget that was passed less than two weeks ago. Overall, this budget framework will harm millions of Americans and set our country in a downward trajectory as, over the next 10 years, it will:
- increase the U.S. deficit by $1.5 trillion;
- cut Medicaid by $1 trillion;
- cut Medicare by $473 billion; and
- slash over $4 trillion dedicated to programs for student and families such as Pell Grants and student loans, food assistance, housing assistance, income assistance for children with disabilities, social security disability insurance, and others.
Why did the senate pass this budget and what happens next?
Republicans in the Senate voted for this budget because it gets them one step closer to passing tax legislation proposed by President Trump without needing any votes from Democrats.
The latest from the House Speaker is that they intend to vote on a tax bill next month.
What does this tax plan mean for the U.S? Read more