Tags: john kennedy | democrat | deciding vote | tax reform

Sen. Kennedy: A Dem Won't Cast Deciding Vote on Tax Reform

(CNN's "New Day")

By    |   Monday, 16 October 2017 02:52 PM

Sen. John Kennedy said Monday he's an optimist on tax reform and believes some Democrats will likely vote for the measure, but that's only if Republicans uniformly support the eventual bill.

"I would give us a 55 percent to 60 percent chance right now," the Louisiana Republican told CNN's "New Day" anchor Chris Cuomo. "I would like to think we'll get some Democratic support, and we might if we get the 50 votes. I don't think any Democrats will provide the 50th vote. I regret that, but that is just political reality.

At any rate, Kennedy said tax reform legislation "better" get done this year.

"It better for two reasons," he said. "Number one, our economy needs it. Number two, the people in charge here in Washington, my party, we need it. It doesn't mean we need to just pass anything. We need to do it right."

If taxes are reduced for Americans and businesses, he continued, "I think you'll see the economy grow."

Even then, it won't "bust through the ceiling," Kennedy added, but he believes "you can see a half to a point of GDP growth. It will get us back to average, which is supposed to be about 3 percent. We're at about 1.9 percent now. That's why we don't have the jobs we should have."

Wages also haven't been going up, he continued, and that's about taxes and because businesses have had to spend so much on healthcare that they haven't gotten a pay raise.

Americans are "angry," he said, as they aren't sharing in the United States' great wealth.

"They're on both sides of the aisle; they're Bernie Sanders supporters and Donald Trump supporters," Kennedy told Cuomo. "We need to help the Americans believe in the American dream again. That's what tax reform is about."

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Sen. John Kennedy said Monday he's an optimist on tax reform and believes some Democrats will likely vote for the measure, but that's only if Republicans uniformly support the eventual bill.
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Monday, 16 October 2017 02:52 PM
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