GERARD FILITTI - Trump Tax Cuts

GOP REBELS PUSH FOR $2.5 TRILLION CUTS IN TRUMP BUDGET BILL DURING TENSE CLOSED-DOOR MEETING House GOP leaders are considering modifications to Trump's tax cut extensions. Republican spending hawks in the House of Representatives are pushing their leaders to include at least $2.5 trillion in spending cuts in a massive piece of legislation intended to advance President Donald Trump’s agenda. Republicans held their weekly closed-door agenda meeting on Wednesday where they discussed a path forward via the budget reconciliation process. By lowering the threshold in the Senate from two-thirds to a simple majority – which the House already operates under – reconciliation allows the party in power to pass sweeping fiscal policy changes while skirting the opposition. Gerald is a Political Strategist // The Lawfare Project Senior Counsel