WASHINGTON
— A sweeping overhaul of the tax code gained significant momentum on
Friday as GOP negotiators in the House and Senate signed off on a final
agreement that sweetened a key tax credit and wavering GOP senators
announced their support.
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.
“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. Supporters of the bill exuded confidence on Friday that they
would have the votes when the final tallies are called. But there are at
least a few wildcards left in the GOP deck: along with several senators
who remain undecided on the bill, two have missed votes this week
because of medical issues.
Read entire article and see video here: https://www.usatoday.com/story/news/politics/2017/12/15/republicans-boost-child-tax-credit-lock-down-senate-support-tax-overhaul-bill/955856001/
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