Senator John Thune, the chambers No. 3 Republican, said the repeal of the ACA individual mandate will be included in the revised version of the Senate GOP tax plan.

The tax bill the House rolled out today would cap mortgage-interest deductions, tax large university endowments, but includes 'no changes' to 401(k) plans.

The 216-212 vote approving the budget allows Congress to enact tax cuts later that increase the federal deficit by up to $1.5 trillion over 10 years.

Congresss non-partisan scorekeeper didnt find any big savings for the U.S government in a Senate bill designed to stabilize Obamacare, but the reason for that is a technicality.

The Senate adopted a fiscal 2018 budget resolution Thursday that House GOP leaders agreed to accept, a show of unity aimed at speeding consideration of President Donald Trumps plan to enact tax cuts.

The Trump administration was sending conflicting signals about the pact reached by senators Lamar Alexander and Patty Murray, which also faces ambivalence from some Republican senators and outright hostility from many House Republicans.

Even if Republicans manage to get a bill through the Senate by Sept. 30, the House would have to accept it without changing a single comma.

Trumps shutdown threat may not be real, but it could cause a potentially market-shaking showdown if he does follow through on it.