After healthcare failure, Republicans face similar divisions on tax reform

After healthcare failure, Republicans face similar divisions on tax reformBy David Morgan WASHINGTON (Reuters) – Republicans in Congress unveiled a fiscal 2018 budget plan as a first step to major U.S. tax reform on Tuesday, only to face the same divisions between conservatives and moderates that helped killed their efforts to replace Obamacare. The $ 4 trillion spending blueprint, released by the House of Representatives budget committee, could become a new flashpoint for Republican in-fighting because it links future tax cuts for businesses and individuals with $ 203 billion in mandatory spending cuts that would reduce benefits for the poor. The Republican push to repeal and replace the Affordable Care Act, widely known as Obamacare, collapsed in the Senate late on Monday after a tug-of-war between party moderates who wanted to preserve healthcare benefits for lower-income Americans and conservatives who wanted to scale them back.



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