Someone needs to do a poll of the American electorate to see how many people actually agree that lowering corporate tax rates will actually help the American people. I bet it's near zero; Republicans support this solely because Democrats don't. Utter insanity.
USA Today - The Senate passed its budget plan: Here's what that means for tax cuts, what it doesn't and what's next
Approved 51-49 on Thursday night — Kentucky Republican Sen. Rand Paul joined Democrats in opposing it — the budget differs significantly from one passed by the House on Oct. 5, especially in the amount the national debt can be raised by tax cuts.
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The budget also includes reconciliation language that the energy committee could use to ease restrictions on oil drilling in the Arctic, so a bill that is brought up to do that also may not be filibustered.
Over the next 10 years, the budget calls for $473 billion in cuts from Medicare and $1 trillion from Medicaid. They are part of $5 trillion in cuts mentioned overall, but most are not specified.
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Because the bill was not binding, Republicans argued Democratic attempts to amend the budget to put in restrictions were premature.
Over the course of two days, the Republican majority voted almost en bloc against amendments that included a requirement that no one making $250,000 or less would face a tax increase, to prevent tax cuts from increasing the deficit, to require a "score" on a tax bill's impact from the Congressional Budget Office before a vote could be taken, and to prevent cuts to Medicare or Medicaid.
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Approved 51-49 on Thursday night — Kentucky Republican Sen. Rand Paul joined Democrats in opposing it — the budget differs significantly from one passed by the House on Oct. 5, especially in the amount the national debt can be raised by tax cuts.
...
The budget also includes reconciliation language that the energy committee could use to ease restrictions on oil drilling in the Arctic, so a bill that is brought up to do that also may not be filibustered.
Over the next 10 years, the budget calls for $473 billion in cuts from Medicare and $1 trillion from Medicaid. They are part of $5 trillion in cuts mentioned overall, but most are not specified.
...
Because the bill was not binding, Republicans argued Democratic attempts to amend the budget to put in restrictions were premature.
Over the course of two days, the Republican majority voted almost en bloc against amendments that included a requirement that no one making $250,000 or less would face a tax increase, to prevent tax cuts from increasing the deficit, to require a "score" on a tax bill's impact from the Congressional Budget Office before a vote could be taken, and to prevent cuts to Medicare or Medicaid.
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