House Republicans Make Huge Move On Trump’s Tax Reform Plan

'We haven’t reformed this tax system since 1986.'

The U.S. House of Representatives successfully passed its 2018 budget resolution on Thursday without a single Democratic vote, according to The Hill.

Republicans in the Senate will now have the opportunity to pass the tax reform legislation and give President Donald Trump the chance to sign it into law.

The legislation passed in a 219-206 vote, with lawmakers essentially voting across party lines. Eighteen Republicans and every single Democrat voted against the bill.

Several Republicans touched on the significance of the vote given how meaningful it is for tax reform.

GOP lawmakers hailed the vote as meaningful because of the tax measure.

“We haven’t reformed this tax system since 1986. We need to pass this budget so we can help bring more jobs, fairer taxes and bigger paychecks for people across this country,” Speaker Paul Ryan, R, Wisc., said during House floor debate.

During a debate on the House floor, House Budget Committee Chairman Diane Black, R-Tenn., said the measure will grow the middle class and American businesses.

“Our budget specifically paves the way for pro-growth tax reform that will reduce taxes for middle class Americans and free up American businesses to grow and hire,” said Black, according to PBS.

Republicans argue the bill will jump start economic growth while cancelling out revenue loss and any deficits added to the $20 trillion national debt, according to the Washington Post.

The Post also notes that Republicans contend cutting regulations from the financial industry, welfare benefits, and more will free up more than $203 billion.

Democrats weren’t thrilled to see the bill pass in the House.

“This budget isn’t about conservative policy or reducing the size of our debt and deficits. It’s not even about American families. This budget is about one thing — using budget reconciliation to ram through giant tax giveaways to the wealthy and big corporations — and to do it without bipartisan support,” said Rep. John Yarmuth, D-Ky., the ranking member on the House Budget Committee, according to The Hill.

Budget reconciliation rules will allow Senate Republicans to pass tax reform legislation without a single Democrat vote and shield it from a filibuster in the Senate by Democrats.

Republicans can only afford two detractors from its own party in order to pass the measure. Republicans control a 52-seat majority in the Senate, meaning they will need 50 votes to pass the measure.

The GOP tax reform will reduce the individual tax brackets from seven to three. The three tax brackets will have taxable rates of 12 percent, 25 percent and 35 percent.

Currently, the highest tax rate for individuals is 39.6 percent. The committee has not indicated whether it will add a fourth tax bracket to keep the rate that high or allow it to be part of the 35 percent tax bracket.

Republicans said the tax plan will cut more than $5 trillion in spending over the next decade, with Medicaid spending reduced by roughly $1 trillion in the next 10 years.

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Here's where we'll witness just how monumentally useless the Senate is, being led by Mitch the Bitch McConnell.

OMG!   I'll never be able to look at clowns the same way again...

I still think he belongs in a turtle costume.

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LIGHTER SIDE

ALERT ALERT

Bill and Hillary Clinton Brutally
Mocked After Defending

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Crooked Bill and Hillary Clinton were brutally mocked Monday after defending the Clinton Foundation on social media.

The Clinton Foundation’s official Twitter account tweeted Saturday, “ICYMI: President @BillClinton wrote on Facebook this week about our work improving lives in the United States and around the world, from fighting climate change to combating the opioid crisis.”

Former President Bill Clinton’s Facebook post served to correct the record about so called fake news smearing the Clinton Foundation. Naturally, he linked to far left sites such as Snopes and Politifact to debunk the smears.

After touting all the charity the Clinton Foundation brings to hurricane victims, farmers in East Africa and combating Climate Change, Bill Clinton unleashed on Breitbart News for spreading conspiracy theories and false information about the Foundation.

Nevertheless, spreading false information about the Foundation continues, apparently as part of an ongoing strategy to distract attention from real problems and, over the long run, to completely erase the line between fact and fiction.

For example, just a few weeks ago on MSNBC, during a discussion of the President’s disparaging remarks about Haiti, his designated defender repeated the ridiculous assertion that I had taken money raised for Haiti for personal use and was responsible for the apparent suicide of a Haitian who knew all about it. Thankfully, the host cut her off, refusing to provide a forum for known false conspiracy theories. I’m proud of the work the Foundation and I have done in Haiti and will give you a more detailed report on that soon.

These attacks on the Foundation began in earnest with the 2015 publication of the Breitbart-inspired book, Clinton Cash. I thought the Foundation staff did a good job debunking the book’s charges, but they were published as written even in “mainstream” outlets, and even now the charges continue to be repeated online and in forums favorable to those who make them.

I have never responded personally to these charges, but out of respect for our donors, partners, and those who work at the Foundation, I think I should—because as we see, attacks, no matter how outrageous, can have a long life.

Bill Clinton also argued Chelsea’s wedding wasn’t paid for by Clinton Foundation donations nor do any of them receive salaries.

No, Foundation funds were not used to pay for Chelsea’s wedding. It’s not only untrue, it’s a personal insult to me, to Hillary, and to Chelsea and Marc. It was a wonderful day that Hillary and I were grateful to be able to pay for.

Clinton also argued the foundation was given 4 out 4 stars from Charity Navigator, Platinum from GuideStar, A from Charity Watch, and a 20 out of 20 score for meeting all of the Better Business Bureau’s good practice standards.

Hillary Clinton tweeted: Want to hear the real story of the @ClintonFdn? Read this: 

 Trump supporters savaged the Clintons.

How about when Kuwait, Qatar, Saudi Arabia and Oman donated MILLIONS to your foundation when you were Secretary of State and then you conducted official US business with them? 

What about how Haitian villages that you raised money for are STILL without the homes, schools and infrastructure you promised for them? Where did it go Hillary? Where's that money? Why did you plunder the great people of Haiti? 

  

Unless it explains

Benghazi 33,000 missing emails  Haiti  Destroyed electronics  Missing money
Uranium One Etc

Then no. Nope.  
Not on Presidents day.  

Care to tell us how much the Foundation pays out in salaries each year? 

 

Slush fund? Pay-to-play? Salaries for Sid Blumenthal?
Fraud in Haiti?  The vast majority of funds don't reach people in need?
That's the real story, right?   

 

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