Saturday, November 18, 2017

Tax Cuts Derailed?

Why a Firm Believer in Tax Cuts Could Derail the Senate Tax Cut Plan

The sudden fissure between longtime allies laid bare the challenge that Republicans face as the tax bill leaves Mr. Ryan’s care and navigates the rough waters of the Senate, where different priorities within the party could sink the bill if not adequately addressed.

In the Senate, where the party’s margins are much smaller and individual members are more powerful, party leaders will need to win over what could be a half-dozen or more wavering Republicans, beginning with Mr. Johnson. Others include Senators Bob Corker, Jeff Flake, Lisa Murkowski, Susan Collins and John McCain

The tax cuts passed the House, but the Senate is a little trickier with tighter margins for the GOP.  The special interests for verious write offs  and deductions, plus the health care mandate, are going to come face to face with reality.

I just don’t think it’s going to happen.  It’s going to fall a few votes short.

That will be a big problem for the Republicans in the 2018 midterm elections.

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