“Not beautiful”: Republicans are at odds due to spending discounts after Trump’s interview

Republicans in the Senate do not see face to face with their colleagues in the House of Representatives on places to reduce spending in order to pay the price of their extension of Trump’s tax discounts for 2017.

Members of the Republican Party on the Senate Finance Committee met on Thursday with President Trump, and they seek to obtain the same page on tax and spending issues after the House of Representatives approved a decision at the end of February specifying $ 4.5 trillion of tax cuts and between $ 1.5 and $ 2 in spending.

The decision forces the Energy and Trade Committee in the House of Representatives to reach nearly 900 billion dollars in discounts in spending, which will probably require them to reduce funding for the famous health care program.

Trump said he wanted his agenda – which extends to tax cuts, border security and expanded fossil fuel extract – in a “big and beautiful bill”, even with the status of Republicans in the Senate on the basis of two projects.

After meeting with Trump, some Senate Republicans criticized the House of Representatives. Republicans in the House of Representatives and the elderly will need to pass a joint budget decision before they can move forward with a specific tax and spending invoice through the reconciliation process, which allows the party’s line to vote and avoid a group of the Senate.

“Their bill is not yet beautiful,” said Steve Denz on Thursday. “We have to be aligned first and foremost. The first step is to pass the budget decision that is closely consistent with the location of the house.”

Denz said that Republicans in the Senate, who is not inclined to be interested in deficit additions such as the lower chamber, will need to match $ 1.5 trillion in discounts required by the House of Representatives, and may exceed that until their solution is applicable.

“What is the number we put in the budget solution in terms of reducing the deficit, mainly?” He said. “I think we will have to be in this number in the Senate in order for the House of Representatives to accept what we will do.”

The Senate Financial Committee, Run Johnson (R-WIS), takes carefully on the subject of discounts in spending, with a repetition of a joint Republican line on “waste, fraud and abuse” in spending programs.

“For all of us, what is outside the table is to reduce the benefits of people who need things. But in any program where it is a waste of fraud, fraud and abuse, we definitely want to explore this.”

In the aftermath of the meeting with Trump, the Chairman of the Senate Finance Committee, Mike Crabo, and member James Lanford, confirmed the desire to make Trump tax discounts 2017 permanent. Some discounts have already ended and many are scheduled to end at the end of this year.

Permanently will add more to the cost of tax cuts more than a temporary extension. The discounts were made for the year 2017 temporarily to reduce the impact of the deficit, as the Republicans were initially trying to make their bills revenue neutral before agreeing to expand $ 1.5 trillion.

The current tax extension bill can add more than the deficit more than its pioneer. The cost of extension of the discounts in 2017 will cost $ 4.7 trillion, according to the Congress Budget Office – more than $ 4.5 trillion, the House of Representatives budget decision was allocated.

Without any compensation, Republican tax cuts can reach $ 6.8 trillion of federal revenue losses if written until their validity ends after 2033, according to a recent analysis by budget designers at the University of Pennsylvania. If it is always made, they will receive revenues of $ 7.7 trillion.

Republicans seek to be able to ignore approximately $ 5 trillion dollars from these revenue losses using an accounting method that ignores their legal end.