Senate Republicans on Wednesday rolled out a 70-page blueprint to advance President Trump’s tax agenda, along with directions that could pave the way for more than a trillion dollars in cuts to government spending.

The resolution comes after weeks of negotiations between House and Senate Republicans to reach a compromise on how to enact the president’s priorities. Republicans are pushing to quickly adopt the resolution to kick-start a complex process that will allow them to eventually move major spending and tax cut legislation through Congress without Democratic support.

However, some instructions in the measure underline a few of the differences both chambers will need to hammer out in the coming weeks as they look to assemble the planned package.

Here are five things to know about the framework.

Trump tax cuts

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said in a statement accompanying the release of the resolution that Republicans intend to permanently extend Trump’s signature 2017 tax cuts.

“This will allow the tax cuts to be permanent — which will tremendously boost the economy,” he argued, as Republicans have sought to make the case that their tax cuts are “pro-growth.”

Graham also said he has “determined that current policy will be the budget baseline regarding taxation,” moving forward with an accounting method that would allow the proposed tax cut extensions to appear costless because they’d be considered current policy. That would allow the Senate to enact them without needing to offset them in the bill.

The Senate’s........

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