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The Benefits of Tax Reform

It has been 31 years and 24 days since President Reagan signed the Tax Reform Act of 1986, which promoted a surge of American prosperity.

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Estimating the Effects of Tax Reform

The recently adopted budget resolution allows for up to $1.5 trillion in net tax cuts over the next 10 years through the process of reconciliation.

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Chairman Black Statement on Passage of Budget in the Senate

“I applaud the Senate for advancing its budget this week. The budget process is not easy, but I am pleased that the final version included some changes that reflect many ideas offered in our plan and also has the support of President Trump."

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Enforcing the Budget Resolution

A budget cannot work unless it is enforced. In the forthcoming budget conference with the Senate, the House Budget Committee will advocate for strenuous enforcement measures so they become binding on Congress as a whole.

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