House panel approves budget measure that advances tax reformWASHINGTON (Reuters) - The Republican-led U.S. House of Representatives took a new step toward tax reform legislation on Wednesday by approving a fiscal 2018 budget resolution that would allow the Senate to pass a sweeping tax code overhaul without Democratic support. The House Budget Committee voted 22-14 along party lines to send the measure to the floor of the House for consideration by the full chamber, a day after the $4 trillion spending blueprint was unveiled.  But it was not clear how the measure would fare in the full House, where it could become embroiled in Republican infighting between conservatives and moderates similar to the political tug-of-war that caused healthcare legislation to disintegrate in the Senate this week.  Both the House and Senate must approve a budget agreement to unlock a legislative tool called reconciliation, which would allow Republicans to pass tax legislation with a simple majority in the Senate. Republicans control the chamber by only a 52-48 margin. Democrats oppose the Republican budget and Republican plans for a tax reform bill that is likely to offer steep tax cuts for corporations and the wealthy. The House budget resolution would combine tax cuts in the same legislation as $203 billion in spending cuts to mandatory programs including food assistance for the poor. Enough Republican conservatives to prevent its passage already oppose the plan, because they believe it does not go far enough to cut spending. But Republican moderates are against larger cuts. Some House conservatives also want to see a Republican tax reform plan before supporting a budget that would facilitate its passage. The Trump administration and Republican leaders in Congress are not expected to unveil a tax plan until September.     The budget resolution would also bundle a partial repeal of the 2010 Dodd-Frank Wall Street reform law into the same legislation as taxes and spending cuts. politicsNews
house panel approves budget measure advances tax reformwashington reuters the house representatives took new step toward tax reform legislation wednesday approving fiscal budget resolution would allow senate pass sweeping tax code overhaul without democratic support the house budget committee voted along party lines send measure floor house consideration full chamber day trillion spending blueprint unveiled but clear measure would fare full house could become embroiled republican infighting conservatives moderates similar political caused healthcare legislation disintegrated senate week both house senate must approve budget agreement unlock legislative tool called reconciliation would allow republicans pass tax legislation simple majority senate republicans control chamber margin democrats oppose republican budget republican plans tax reform bill likely offer steep tax cuts corporations wealthy the house budget resolution would combine tax cuts legislation billion spending cuts mandatory programs including food assistance poor enough republican conservatives prevent passage already oppose plan believe go far enough cut spending but republican moderates larger cuts some house conservatives also want see republican tax reform plan supporting budget would facilitate passage the trump administration republican leaders congress expected unveil tax plan september the budget resolution would also bundle partial repeal wall street reform law legislation taxes spending cuts politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: House panel approves budget measure that advances tax reformWASHINGTON (Reuters) - The Republican-led U.S. House of Representatives took a new step toward tax reform legislation on Wednesday by approving a fiscal 2018 budget resolution that would allow the Senate to pass a sweeping tax code overhaul without Democratic support. The House Budget Committee voted 22-14 along party lines to send the measure to the floor of the House for consideration by the full chamber, a day after the $4 trillion spending blueprint was unveiled.  But it was not clear how the measure would fare in the full House, where it could become embroiled in Republican infighting between conservatives and moderates similar to the political tug-of-war that caused healthcare legislation to disintegrate in the Senate this week.  Both the House and Senate must approve a budget agreement to unlock a legislative tool called reconciliation, which would allow Republicans to pass tax legislation with a simple majority in the Senate. Republicans control the chamber by only a 52-48 margin. Democrats oppose the Republican budget and Republican plans for a tax reform bill that is likely to offer steep tax cuts for corporations and the wealthy. The House budget resolution would combine tax cuts in the same legislation as $203 billion in spending cuts to mandatory programs including food assistance for the poor. Enough Republican conservatives to prevent its passage already oppose the plan, because they believe it does not go far enough to cut spending. But Republican moderates are against larger cuts. Some House conservatives also want to see a Republican tax reform plan before supporting a budget that would facilitate its passage. The Trump administration and Republican leaders in Congress are not expected to unveil a tax plan until September.     The budget resolution would also bundle a partial repeal of the 2010 Dodd-Frank Wall Street reform law into the same legislation as taxes and spending cuts. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: house panel approves budget measure advances tax reformwashington reuters the house representatives took new step toward tax reform legislation wednesday approving fiscal budget resolution would allow senate pass sweeping tax code overhaul without democratic support the house budget committee voted along party lines send measure floor house consideration full chamber day trillion spending blueprint unveiled but clear measure would fare full house could become embroiled republican infighting conservatives moderates similar political caused healthcare legislation disintegrated senate week both house senate must approve budget agreement unlock legislative tool called reconciliation would allow republicans pass tax legislation simple majority senate republicans control chamber margin democrats oppose republican budget republican plans tax reform bill likely offer steep tax cuts corporations wealthy the house budget resolution would combine tax cuts legislation billion spending cuts mandatory programs including food assistance poor enough republican conservatives prevent passage already oppose plan believe go far enough cut spending but republican moderates larger cuts some house conservatives also want see republican tax reform plan supporting budget would facilitate passage the trump administration republican leaders congress expected unveil tax plan september the budget resolution would also bundle partial repeal wall street reform law legislation taxes spending cuts politicsnews