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Senate delays tax bill vote as setback hits in final hours
CNBC ^ | November 30th, 20-17 | Jacob Pramuk

Posted on 11/30/2017 5:14:36 PM PST by Mariner

Senate Republicans have delayed voting on their tax bill as a setback forced them to patch up the plan only hours before a planned final vote.

Senators will rework the legislation Thursday night with the next in a series of roll call votes set for 11 a.m. on Friday, Senate Majority Leader Mitch McConnell said. Republicans previously hoped they could pass a plan by late Thursday or early Friday.

A hiccup earlier Thursday left the GOP scrambling to tweak its bill and win over skeptical senators. The delay does not necessarily mean Republicans will lack the votes to pass the legislation on Friday.

It does, however, add more uncertainty to Republicans' push to overhaul the American tax system by the end of the year.

The Senate parliamentarian ruled Thursday that a fiscal "trigger," important to winning deficit-wary Sen. Bob Corker's support for the GOP plan, will not work under Senate rules. Republican senators are now looking to find new ways to address the concerns of Corker, a so-called deficit hawk Republican from Tennessee.

"It doesn't look like the trigger is going to work, according to the parliamentarian," Senate Majority Whip John Cornyn, R-Texas, told reporters, according to Politico. "So we have an alternative, frankly: a tax increase we don't want to do to try to address Sen. Corker's concerns."

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: corker; senate; senatetaxplan; taxes; troll; trump
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To: Paladin2

350 billion over 0 years is a joke anyways. The gov’t should be able to cut about 30% easily


21 posted on 11/30/2017 5:53:00 PM PST by wiseprince
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To: Mariner

They’ll blow it, market crashes.


22 posted on 11/30/2017 5:54:36 PM PST by JPJones (Who is FOR tariffs? George Washington, Ronald Reagan and Me.)
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To: JPJones

They prolly will blow it.

Most of them are complete morons.


23 posted on 11/30/2017 5:57:59 PM PST by Jonny7797
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To: Mariner

The Senate doesn’t think the little people are entitled even to the worst type of tax reform.


24 posted on 11/30/2017 5:58:21 PM PST by onedoug
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To: Mariner

Need more time to figure out how to f**K this up ?


25 posted on 11/30/2017 5:59:25 PM PST by onona
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To: Mariner
Let's see if the Rats pull this off.My money's on “yes”.
26 posted on 11/30/2017 6:00:22 PM PST by Gay State Conservative (ObamaCare Works For Those Who Don't.)
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To: Jonny7797

“Most of them are complete morons.”

They’re not morons, they want it to fail.

They’re evil.


27 posted on 11/30/2017 6:02:54 PM PST by JPJones (Who is FOR tariffs? George Washington, Ronald Reagan and Me.)
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To: Mariner

The two McF*cker’s: McTurtle & McNuts causing problems, again?


28 posted on 11/30/2017 6:03:31 PM PST by Road Warrior ‘04 (Molon Labe! (Oathkeeper))
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To: Mariner

A day of more failures...illegal found not guilty in California, Congress embarrasses itself again, likely distracted by the prospect of their predatory sexual activities becoming public.


29 posted on 11/30/2017 6:04:42 PM PST by Reno89519 (PRESIDENT TRUMP, KEEP YOUR PROMISES! NO AMNESTY AND BUILD THAT WALL.)
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To: Mariner; markomalley; nopardons; Scotswife; Kaslin; lightman; DoodleDawg; Drago; kearnyirish2; ...
Thanks for the ping.

I was driving home from a very late work day and I caught about 5 minutes of Mark Levin on the raidio.

Finally, a major Conservative media figure that let's me know I am not crazy. Levin lambasted the Republican for this garbage tax bill. He stated that the last minute scramble tonight in the Senate for more taxes is evidence this thing is an ill conceived beast not worthy of becoming law.

Levin stated that this bill is NOT even close to the philosophy of the 1986 Reagan Tax cut.

Further, Levin basically said it is immoral what the Republicans are trying to do to hard working middle class familes. He stated that people are laboring at their jobs, trying to save for retirement, trying to pay their bills, trying to put kids through college. People bought homes under the assumption that deductions that have been in the US Tax Code since 1913 (like state, local, and property taxes) and the mortgage deductions that they count on to survive are suddenly being ripped out from under them by Republicans who did not run on doing what they are trying to do to people.

This bill will hurt so many people: those who deduct medical expenses and who are trying to care for sick parents, those with large families, and on and on.

Shame on these Republicans.

Oh, they will be back tomorrow in the Senate, with another gimmick that is being dreamed up as I type this.

What a crock!


30 posted on 11/30/2017 6:05:19 PM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: mrsmith

3% growth is a good planning number, averaged over 10 years.

I support the corporate cut, bigly.

I am opposed to the tax increase one me.


31 posted on 11/30/2017 6:06:05 PM PST by Mariner (War Criminal #18)
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To: wiseprince

“somehow 10 trillion under the last admin wasn’t an issue”

duh


32 posted on 11/30/2017 6:07:05 PM PST by Mariner (War Criminal #18)
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To: SkyPilot

Just wonderin', that's all.

33 posted on 11/30/2017 6:09:27 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: SkyPilot

So what you’re saying is - Levin is a Never-Trumper Troll?
/s

(I kid)


34 posted on 11/30/2017 6:10:09 PM PST by Scotswife
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To: SkyPilot

Well, it stands to reason that since they won’t do the things they ran on, like repealing Obamacare, they will do something they didn’t run on: raising taxes on the middle class.


35 posted on 11/30/2017 6:11:48 PM PST by Wolfie
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To: SkyPilot; All

“Further, Levin basically said it is immoral what the Republicans are trying to do to hard working middle class familes. He stated that people are laboring at their jobs, trying to save for retirement, trying to pay their bills, trying to put kids through college. People bought homes under the assumption that deductions that have been in the US Tax Code since 1913 (like state, local, and property taxes) and the mortgage deductions that they count on to survive are suddenly being ripped out from under them by Republicans who did not run on doing what they are trying to do to people.”

Hey, he should take it up with a MAJORITY of Freepers.

They have absolutely NO moral issue or pains over screwing their fellow Freepers, as long as it has the label: “Screw the Blue States”.


36 posted on 11/30/2017 6:15:33 PM PST by Mariner (War Criminal #18)
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To: SkyPilot

Levin turning into a populous? ;)


37 posted on 11/30/2017 6:18:05 PM PST by kanawa (Trump Loves a Great Deal)
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To: kanawa

oops ...populist


38 posted on 11/30/2017 6:18:49 PM PST by kanawa (Trump Loves a Great Deal)
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To: Scotswife; SkyPilot; All

When McConnell decided to push this through under reconciliation...insisting on “paying” for the corporate cut...he doomed this legislation.

From the outset.

Granted, Dims were never going to vote for a tax cut of any kind. Ever.

But with Republicans insisting on preserving the filibuster, they were fools to start down this road.

Because it is the road to FAILURE.


39 posted on 11/30/2017 6:19:49 PM PST by Mariner (War Criminal #18)
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To: SkyPilot
By Republicans who did not run on doing what they are trying to do to people.

Missed President Trump running on raising taxes on TAXPAYERS.

Hoping he comes in swinging and CUTS THE CORPORATE RATE WITHOUT being the guy who destroyed the MIDDLE CLASS.

40 posted on 11/30/2017 6:22:03 PM PST by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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