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By Sheetal Sukhija | Friday November 17, 2017
Trump Wants $4B More for Missile Defense, Citing N. Korea
In what came as a victory for the Trump administration, the Senate Finance Committee late on Thursday, approved the chamber’s GOP tax bill. The tax reform plan was passed by the House earlier in the day and the panel voted to send the tax plan to the full Senate on a party-line vote of 14-12. No Democrats joined in and 13 members of the GOP broke ranks to vote against the plan. In a statement issued post the vote, Senate Majority Leader Mitch McConnell (R-Ky.) said, "For the millions of hard-working Americans who need more money in their pockets and the chance of a better future, help is on the way. When the Senate returns after Thanksgiving, I will bring this must-pass legislation to the floor for further debate and open consideration.” Earlier in the day, Speaker Paul Ryan (R-Wis.) said, “Passing this bill is the single biggest thing we can do to grow the economy, to restore opportunity and help these middle-income families who are struggling.” Ahead of Thursday's vote to rally the House GOP conference in support of the bill, Trump visited the Capitol. Republicans have defined the GOP bill as “rocket fuel" that the economy needs for higher growth to occur. During the four-day markup, the bill was modified by Finance Committee Chairman Orrin Hatch (R-Utah)....Read more