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House Budget Blueprint Key to Success of Trump Tax Agenda

Despite opposition from Republican moderates and conservatives, House leaders are pressing ahead with a budget plan whose success is critical to the party’s hopes to deliver on one of President Donald Trump’s top priorities — a GOP-only effort to overhaul the tax code. The importance of the measure has been magnified by the cratering in the Senate of the Trump-backed effort to overhaul President Barack Obama’s health care law, leaving a rewrite of the tax code as the best chance for Trump to score a major legislative win this year….

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House Budget Blueprint Boosts Military, Cuts Benefits

House Republicans on Tuesday unveiled a 10-year budget blueprint that would dramatically increase military spending while putting the GOP on record favoring Medicare cuts opposed by President Donald Trump. The GOP plan, authored by Budget Chairman Diane Black, R-Tenn., would also pave the way for overhauling the U.S. tax code this fall, and would pair that effort with cuts to benefit programs such as food stamps. The plan also lays out a plan to balance the budget inside a decade through deep cuts to a wide swath of domestic programs —…

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