Senate Budget Committee advances GOP tax bill, moving closer to floor vote

Though the fiscal trigger earned Corker’s support, some other senators quickly criticized the measure.

“I am not going to vote to implement automatic tax increases on the American people. If I do which, consider me drunk. I’m not voting for which,” Sen. John Kennedy, R-La., said, according to Bloomberg.

Sen. John Thune of South Dakota, the third-ranking Senate Republican, said, “the item’s not in our best interest to have a mechanism which could create a tax increase,” Bloomberg reported.

Shortly before the budget committee vote, Senate Majority Leader Mitch McConnell called the item a “challenging exercise” to get enough support to pass the bill.

“Think of sitting there that has a Rubik’s Cube trying to get to 50 [votes],” the Kentucky Republican told reporters. “along with we do have a few members who have concerns along with we’re trying to address them. along with we know we will not be able to go forward until we get 50 people satisfied, along with which’s what we’re working on.”

The Senate proposal could temporarily cut many individual income taxes while permanently reducing the corporate rate. the item could also change or eliminate some favorite deductions.

Multiple some other senators have expressed similar concerns to those of Corker along with Johnson.

Speaking to reporters Tuesday after a meeting with McConnell along with House Speaker Paul Ryan, President Donald Trump said, “I think we’re going to get the item passed.” The president added which he expects “lots of adjustments” before a final plan gets approved. He did not specify what those adjustments could be.

At a Senate GOP lunch earlier from the day, Trump “underscored the importance” of passing a tax bill, according to McConnell.

Trump later described the meeting as “phenomenal,” “very special” along that has a “love fest.”

— CNBC’s Ylan Mui contributed to This kind of article.

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