From left, Rep. Richard Neal, Sen. Ron Wyden, Senate Minority Leader Charles E. Schumer, Rep. John Yarmuth, Rep. Barbara Lee, House Minority Leader Nancy Pelosi, and Sen. Bernie Sanders conduct a news conference in the Capitol Wednesday to speak out against Republicans’ tax and budget plan that they say will benefit the wealthy. (Tom Williams/CQ Roll Call)
Floor action on the fiscal 2018 budget resolution — made possible by assuaging conservatives’ concerns over the emerging tax overhaul blueprint last week — officially got under way on Wednesday.
The House voted 232-188 to approve parameters for debate and moved on to formally debating the resolution. Once the House and Senate formally adopt a joint budget resolution, if they can get that far, the tax-writing committees will be able to produce filibuster-proof tax legislation through the fast-track reconciliation process.