Senate Budget Passage Moves Republicans Closer to Passing a Massive Tax Package

28 April 2025

Senate Republicans approved a budget resolution on April 5 that would carve out $1.5 trillion for tax changes using a “current policy” baseline, paving the way for the possibility of making the Tax Cuts and Jobs Act (TCJA) permanent while still fulfilling President Trump’s campaign tax promises. The Senate budget resolution provides significantly more room for tax cuts than the House version, but key questions remain over whether it will garner enough support to pass in the House, or whether Senate procedural points of order could pose a problem later. The budget resolution will be critical to the success of tax reform, as it provides the framework needed to pass reconciliation bills in the Senate with simple majority votes, without the threat of filibuster.

[Add blog content and extra images here]

Back to News