Here’s what’s in the final tax bill Republicans Plan to Send to President Trump This Week
Republican House and Senate negotiators released a final tax bill on Friday that would overhaul the individual and corporate codes after making last-minute changes that appeared to lock down the votes needed for passage.
Raising the child tax credit won over at least one GOP holdout, Sen. Marco Rubio, who said on Friday he would be a yes after threatening to scuttle the deal only 24 hours earlier.
And in a major reversal, Sen. Bob Corker of Tennessee, said Friday he would support the bill, despite voting against a similar bill earlier this month because of concerns it would add to the national debt.
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“This bill is far from perfect, and left to my own accord, we would have reached bipartisan consensus on legislation that avoided any chance of adding to the deficit,” Corker said in a statement Friday. He said he decided to support the bill now because the country is “better off with it” than without it.
Those two new “yes” votes put the bill on solid ground for final passage next week, that would allow President Trump to sign it into law by Christmas. —>
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