TAX DRAMA: GOP SCRAMBLING TO SCROUNGE UP $350B Republicans Rewrite Portions Of Tax Bill Hours Before Vote


WASHINGTON ― Senate Republicans avoided the most embarrassing scenario for their tax bill Thursday ― an unexpected floor defeat that would have sent the legislation back to committee ― but they are still facing a significant stumbling block and, hours before a vote, are still changing portions of their bill.
The “trigger” proposal from Sen. Bob Corker (R-Tenn.), which would have set off certain tax increases if Republicans didn’t hit revenue targets, was struck down by the Senate parliamentarian on Thursday afternoon. (Because of the restrictions that allow Republicans to pass their tax plan with a simple majority, provisions that don’t materially affect fiscal policies could be ruled subject to 60 votes.) more

No comments:

Post a Comment