The House passed the Senate’s FY 2018 budget this morning 216-212, clearing the way for tax reform to move forward through the budget reconciliation process. This would allow the Senate to pass a tax reform bill with a bare majority vote instead of the 60 votes required to bring a bill to a vote under ordinary procedures. The House’s passage of the budget matches the timeline laid out earlier this week by House Speaker Paul Ryan (R-WI). Following this timeline, we have been told to expect to see a full tax bill next Wednesday, November 1.