Senate Passes Tax Overhaul Bill With Last-Minute Changes and Hand-Written Scribbles
I was just handed a 479-page tax bill a few hours before the vote. One page literally has hand scribbled policy changes on it that can't be read. This is Washington, D.C. at its worst. Montanans deserve so much better. pic.twitter.com/q6lTpXoXS0-- Senator Jon Tester (@SenatorTester) December 2, 2017
UPDATE: Senate Republicans are so desperate to pass their tax bill tonight that they're now making handwritten changes to their already handwritten changes...-- Senator Dick Durbin (@SenatorDurbin) December 2, 2017
With an elimination of the alternative minimum tax, and the estate tax it's hard to argue the wealthiest earners in the nation will not be showered with tax cuts while middle-class families will either see no change, or an increase in their taxes.The bill is largely reliant on a $1.5 trillion tax cut that Republicans and the Trump administration have said will spur substantial economic growth, and pay for itself despite explicit contradictions from CEOs.However, the party that has long been known for its concern of the national debt and deficit, downplayed any concerns."I'm totally confident this is a revenue-neutral bill," McConnell said, according to the Times. "I think it's going to be a revenue producer."Since GOP tax reform plans have now passed in both the House and the Senate, the chambers will reconcile any differences in order to place a final version on the president's desk."We are one step closer to delivering MASSIVE tax cuts for working families across America. Special thanks to @SenateMajLdr Mitch McConnell and Chairman @SenOrrinHatch for shepherding our bill through the Senate. Look forward to signing a final bill before Christmas!" Trump tweeted in approval.
Tonight, I feel mostly regret at what could have been.-- Chuck Schumer (@SenSchumer) December 2, 2017
Tax reform is an issue that is ripe for bipartisan compromise. There is a sincere desire on this side of the aisle to work with the GOP, particularly on tax reform, but we have been rebuffed, time & time again
We are one step closer to delivering MASSIVE tax cuts for working families across America. Special thanks to @SenateMajLdr Mitch McConnell and Chairman @SenOrrinHatch for shepherding our bill through the Senate. Look forward to signing a final bill before Christmas! pic.twitter.com/gmWTny3SfS-- Donald J. Trump (@realDonaldTrump) December 2, 2017
Biggest Tax Bill and Tax Cuts in history just passed in the Senate. Now these great Republicans will be going for final passage. Thank you to House and Senate Republicans for your hard work and commitment!-- Donald J. Trump (@realDonaldTrump) December 2, 2017
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