GOP lawmakers are already feeling the pinch of a midterm election that has delivered Democrats more than $2 trillion in tax hikes and government spending cuts over the past two years.
But they say the GOP option to use the budget reconciliation process to repeal Obamacare could hurt them politically.
They’re worried that Democrats would use the reconciliation process as leverage to force a vote on their version of the budget to end the government.
The GOP plan is the same as what the House passed last month and was signed into law by President Donald Trump.
But Senate Majority Leader Mitch McConnell, R-Ky., has said the Senate will not take up the bill until after the Oct. 1 deadline for repealing Obamacare.
The reconciliation process allows Republicans to pass the budget without having to worry about an immediate vote on the bill.
It would end the sequester, which is designed to fund the government through Dec. 31, and the Medicare trust fund, which will be used to pay for health care for the elderly.
The bill would also end the tax cuts for individuals making more than about $1 million and corporations with annual income over $1 billion.
It’s expected to be signed into legislation by the end of the week.
The Senate will vote on a budget resolution on Monday, but the GOP will need 60 votes to pass it.
Republicans will need the votes of about three dozen Democrats, plus Vice President Mike Pence, to pass legislation.
In addition, Republicans could need to pass a tax bill that is slightly more popular than the bill the House just passed.
Democrats, who control the Senate, could block the bill with a simple majority.
The measure would reduce the corporate tax rate from 35 percent to 25 percent, reduce the standard deduction from $6,000 to $3,000, increase the child tax credit to $1,000 for children and $2,000 with a spouse and dependent children, and reduce the mortgage interest deduction to $500.
It also would expand the child health insurance credit to more people, while eliminating the deduction for state and local property taxes.
That’s good news to Democrats who fear that Republicans will try to pass another tax bill in the future that would add to the $2.5 trillion debt.
They worry that if the bill becomes law, the GOP would not be able to pay its bills, particularly on health care and entitlement programs.
Republicans are also looking to make a deal with Democrats to avoid another debt ceiling fight.
If the GOP fails to get a budget deal done by Oct. 8, it will have to pass one with the House and the Senate without the help of Democrats.
The House passed its budget resolution last month with a bill that would allow Congress to avoid a government shutdown and the debt ceiling.
If Congress doesn’t get a deal on its own bill, then a government default could lead to a default on all the nation’s debt and could lead Republicans to default on the nation, as well.
The U.S. Treasury would be able see $1.5tn in debt if the country defaulted.
The Treasury would also be able withdraw money from the U.N. accounts, a move that would put pressure on nations around the world to do more to support their currencies.
The debt ceiling has been a thorn in the side of both parties, especially in recent years as they battled over spending cuts and tax increases.
Republicans have said they’d like to use a budget bill to force Democrats to agree to spending cuts.
But Democrats have said the GOP plan to use reconciliation would only hurt them in the short term.
“I think the only way we’re going to get anything done with this bill is to go back to the Senate and try to get some kind of deal,” said Sen. Bob Casey, D-Pa.
“The problem with the Senate is that we have a lot of control over what the budget resolution is and we can’t just roll over from there.”
Lindsey Graham, R.I., and Ron Johnson, R.-Wis., are leading a push to use budget reconciliation to force President Donald J. Trump to sign a budget that would end Obamacare.
That would allow Republicans to repeal the healthcare law without having the Democrat-controlled Senate vote on it.
The budget resolution has been used for years to force Congress to act on bills, but Democrats have resisted using it to force Trump to take action.
Senate Majority Whip Dick Durbin, D. Ill., said Republicans would have to be “lazy” and use the process to force an Obamacare repeal without any Democratic votes.
“We’re in the minority now, and we have to figure out how to get things done,” Durbinsaid.
“So I’m not sure what you’re going out there saying.
I’m just not sure.”