Skip to content
Subscriber Only

U.S. Senate Adopts Budget, Giving Momentum to Trump's Tax-Cut Plans

  • Plan would allow quick passage in House after Senate approval
  • Pact includes compromises on defense spending, entitlements
Bloomberg business news

Senate Adopts Budget in Boost to Trump's Tax Plan

Updated on

The Senate adopted a fiscal 2018 budget resolution Thursday that House GOP leaders agreed to accept, a show of unity aimed at speeding consideration of President Donald Trump’s plan to enact tax cuts.

The budget cleared the Senate 51-49, with all Democrats and Republican Senator Rand Paul of Kentucky voting against it.