AP: House passes $4.1 trillion budget resolution

(Justin Sullivan/Getty Images)

The House has passed a $4.1 trillion budget resolution, a major step forward in tax reform efforts later this year, according to The Associated Press.

The deal calls for cuts to social programs and Cabinet agency budgets in order to set the stage for the GOP's tax code overhaul efforts, the AP story said.

Recommended Videos



 

 

Â