Tags: Trump Administration | Trump Tax Reform | johnson | daines | support | tax bill | tweaks

Sens. Johnson, Daines Will Support Tax Bill After Tweaks

Image: Sens. Johnson, Daines Will Support Tax Bill After Tweaks
Sen. Ron Johnson (AP)

By    |   Friday, 01 December 2017 10:58 AM

After some 11th-hour tweaks to the tax cuts legislation, Republicans have converted Sens. Ron Johnson and Steve Daines to the support side of the ledger, multiple outlets reported.

At issue for Johnson, R-Wisc., and Daines, R-Mont., had been corporate tax cuts for small — or pass-through — businesses. Republicans amended their original bill to give a 23 percent deduction to small businesses, up from the original 17.4 percent.

"After weeks of fighting for Main Street businesses including Montana's farmers and ranchers, I've decided to support the Senate tax cut bill which provides significant tax relief for Main Street businesses," Daines said in a statement.

Converting those two, on the heels of support from Sens. John McCain and Lisa Murkowski, gets Republicans closer to where they need to be, but there's still work to do.

Republicans still need to assuage the concerns of deficit hawks, Sens. Jeff Flake, Bob Corker and James Lankford, who are seeking triggers that would kick in after a few years if the cuts aren't having the economic impact on growth that is the foundational principle of the legislation.

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After some 11th-hour tweaks to the tax cuts legislation, Republicans have converted Sens. Ron Johnson and Steve Daines to the support side of the ledger, multiple outlets reported.
johnson, daines, support, tax bill, tweaks
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2017-58-01
Friday, 01 December 2017 10:58 AM
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