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Senate Vote on Tax Bill Could Bleed Into Next Week

Image: Senate Vote on Tax Bill Could Bleed Into Next Week
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By    |   Tuesday, 28 November 2017 11:47 AM

The logjam of Republican senators who are against or on the fence over the chamber's tax cuts bill could force the vote into next week, Axios reports.

There are roughly eight senators with varying areas of concern about the tax bill.

Further, two senators on the "no" side at the moment — Ron Johnson, and Bob Corker — both sit on the budget committee, which is supposed to vote on the bill later Tuesday.

"We're still getting it done in a matter of a couple months, instead of a couple of years," a Trump administration official told Axios. "It's OK if it takes a few extra days."

However, Johnson's concern with the legislation is the affect on small, pass-through businesses, while Corker, a deficit hawk, isn't liking how the bill's impact on the deficit projects out 10 years from now.

Their two concerns alone are part of the push-pull problem with finding common ground; Johnson — along with Sen. Steve Daines — wants more money for small businesses while Corker, along with Sens. Jeff Flake and John McCain, are already seeing red when it comes to the deficit.

"It's unclear what exactly that Sen. Johnson wants. ... It's potentially hundreds of billions of dollars," a Senate aide told Axios.

Meanwhile, the House passed its bill and is waiting for the Senate so that the two chambers can get into conference to hammer out the numerous differences between their two bills.

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The logjam of Republican senators who are against or on the fence over the chamber's tax cuts bill could force the vote into next week, Axios reports.
senate, vote, tax bill
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2017-47-28
Tuesday, 28 November 2017 11:47 AM
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