Breaking down the fiscal 2018 budget passed by Senate

By a vote of 51-49, Senate Republicans passed a fiscal 2018 budget right along party lines, with every single Democrat voting against the budget framework, and all Republicans, save for one, voting for it.

The fiscal 2018 budget passed late-Thursday night is not a legally binding document, but it does serve as an outline of federal spending and revenues. It gives Congress some level of control over the appropriations process of how funds will be spent.

The measure is estimated to add $1.5 trillion to the deficit over the next 10 years, and contains about $5.1 trillion in spending cuts.Senate Republicans pass budget that will add $1.5 trillion to deficit, slash Medicare and MedicaidWhite House: $4,000 more for families with business tax cutsThe bill now heads to the House for approval.

Comprehensive tax overhaul

The ultimate goal for the GOP is to overhaul the U.S. tax code system, which would be a much-needed victory for the party after numerous failed attempts at passing legislation earlier this year.

The budget framework sets up rules that allow for a reconciliation process that tells the Senate Finance Committee that a tax bill cannot be filibustered if it adds $1.5 trillion or less to the deficit over the next 10 years.

Read more at ABC News