The Senate is gearing up to advance reconciliation on tax policies in collaboration with the White House, focusing initially on border and military spending. Senator Vance voiced support for this plan while noting President Biden's preference for a reconciliation strategy that includes extending Trump-era tax cuts. A divide persists between the House and Senate regarding the permanence of these cuts. Additionally, discussions surrounding potential Medicaid cuts were met with enthusiasm. With the House not in session, Senate leadership indicated their willingness to defer actions pending House outcomes.
We are moving forward with reconciliation tomorrow, foot on the gas, moving forward to pass the shared agenda that we have with the White House,
Vance expressed support for the Senate's plan of first tackling border and military spending, which is set to be adopted as soon as this week.
Everyone in the conference lunch supports making the situation with taxes permanent, ostensibly including the vice president.
If that bill had already been passed, that would be a different discussion.
Collection
[
|
...
]