Boots & Sabers

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0737, 29 Nov 17

Tax Bill Moves Forward in Senate

Good news. Remember that whatever they pass will still be subject to rewrite during reconciliation.

WASHINGTON — Two Republican critics of the Senate’s tax reform legislation voted to advance the bill out of committee and send it to the Senate floor Tuesday afternoon without adding their desired changes to it.

Sen. Ron Johnson, R-Wis., and Sen. Bob Corker, R-Tenn., both voted to advance the measure out of the Budget Committee in a party line vote after Senate Republicans met with President Trump for an hour over lunch. Johnson had threatened to block the bill if it was not amended to include a lower pass-through tax rate for small-business owners.

Johnson and Trump went back and forth over the issue at the lunch, and Johnson told reporters he was convinced enough progress was being made for him to vote the bill out of committee — a key first step that could deliver the president his first legislative victory.

0737, 29 November 2017


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