Senate Republicans now confident they will pass tax reform bill

President Donald Trump   Mark Wilson  Getty Images

President Donald Trump Mark Wilson Getty Images

McConnell was foiled over the summer and fall by the GOP effort to repeal and replace the Affordable Care Act, suffering a number of embarrassing defeats that illustrated his inability to wrangle the Republican Senate conference.

Throughout the House and Senate debates, the USA bishops have maintained that any tax reform must prioritize "care for the most vulnerable among us".

-Senate Republicans steamed toward passage of a $1.4 trillion tax bill Friday, overcoming eleventh-hour hitches in their drive to deliver a major legislative accomplishment to President Trump by Christmas.

Democrats criticized the passage of the bill because its contents were widely unknown during its discussion, there were virtually no expert witnesses that spoke before congressional committees, and the final amendment was written just hours before the final vote, which the Democrats saw as intentional. In a statement, he said he believed the tax overhaul "could deepen the debt burden on future generations".

President Trump touted an open letter that says that the Republican tax plan will accelerate economic growth.

An agreement on DACA would be a significant development in the tax debate, as well as in a coming struggle over a year-end government funding bill.

Getting the needed 50 votes was not a done deal as of Friday morning.

The senator from Wisconsin endorsed the bill after demanding more for pass-throughs. And another, Sen. Susan Collins (R) of ME, came close. The bill was also overwhelmingly unpopular in US opinion polls leading up to the vote. Bill Nelson (D-Fla.) would hand states $2.25 billion a year to subsidize the cost of individuals requiring the most expensive medical attention. Pass-through income would still get taxed at individual tax rates, but those business owners would have the deduction. That change would match the House bill. He said Friday he felt it would have been fairly easy to alter the measure in a way that would have been more fiscally sound, but "unfortunately, it is clear that the (Republican) caucus is in a different place".

Sen. Ron Johnson, R-Wis., initially was the first Republican senator to oppose the tax reform package - but Friday, Johnson's spokesman told Fox News he flipped to a "yes" vote.

If she does not back the bill, along with Corker and Flake, it would fail.

It appears as if Republicans may not have satisfied Corker and just made a decision to accept that he would vote no.

The TCJA passed by a vote of 51-49, with Sen.

Even though the bill looks to be headed toward being passed by the Senate on Friday, the House and Senate still need to agree on the same legislation.

Both the House and Senate bills would almost double the standard deduction to around $12,000 for individuals and about $24,000 for married couples.

Besides having obvious issues with the content of the bill, Senate Democrats were incensed by the rushed way it was passed.

In a late night rewrite of the bill, the text of which has not yet seen the light of day, leadership won over a couple of other holdouts by making the tax break for so-called pass-through corporations more generous-up from 17.4 percent to 23.

Lawmakers have said they expect the two bills to be merged into one, which will require approval by each chamber, but there is still a lingering chance that the House will take the Senate bill in the end.

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