President Donald Trump's Tax Policy

SOURCE www.foxnews.com
The House and Senate are working on President Donald Trump's tax policy, with the Senate undergoing a 'vote-a-rama' process to move forward. The process may take months to complete, with various steps and potential challenges ahead.

Key Points

  • Senate undergoing a 'vote-a-rama' process
  • Importance of aligning House and Senate frameworks
  • Potential challenges in passing the bill

Pros

  • Efforts to cut spending and slash taxes
  • Avoiding filibuster through special budget rules
  • High interest in advancing the legislation

Cons

  • Potential challenges in getting approval from both House and Senate
  • Possibility of differing opinions on spending cuts
  • Lengthy and exhaustive process