Tags: tax bill tweaks | gop | tax bill vote

GOP To Tweak Tax Bill, Say They're Still on Target for Vote

GOP To Tweak Tax Bill, Say They're Still on Target for Vote
"Nothing is agreed to until everything is agreed to," House Ways and Means Committee Chairman Rep. Kevin Brady told CNN on the GOP tweaks to the tax bill. (AP)

By    |   Tuesday, 12 December 2017 10:29 AM

Republicans continue to tweak their two tax bills in conference, scrambling to hit the sweet spot on cuts and revenue that will enable passage in both chambers next week, CNN reports.

And they say they're still on target to finish Friday, vote early next, and put a bill on the desk of President Donald Trump to sign Dec. 20, CNN reports.

But right now, it's all about "turning the dials" and "tweaking the numbers" to account for every action that triggers a reaction somewhere else in the bill, CNN reports.

The hot button issues: Tweaks to the corporate rate, where each point is worth $100 billion in revenue, and fixing the glaring errors, loopholes and landmines in the wording of the legislation that resulted from the Senate's mad scramble last week.

And uptick to the corporate rate will be met with strong resistance from conservatives and lobbyists, and technical mistakes that don't get rectified could mean the loss of billions of dollars in revenue.

All part of lining up the Rubik's Cube at warp speed, CNN reports.

"Nothing is agreed to until everything is agreed to," House Ways and Means Committee Chairman Rep. Kevin Brady told CNN.

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Republicans continue to tweak their two tax bills in conference, scrambling to hit the sweet spot on cuts and revenue that will enable passage in both chambers next week, CNN reports.
tax bill tweaks, gop, tax bill vote
197
2017-29-12
Tuesday, 12 December 2017 10:29 AM
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