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Politics : The Trump Presidency
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To: puborectalis who wrote (47000)11/30/2017 6:38:19 PM
From: John Koligman  Read Replies (1) of 356893
 
Now they are looking at also making the corporate tax cuts 'temporary'. What a bunch of tools....

Parliamentarian says revenue trigger in GOP tax plan will not work under rules of Senate

The Senate parliamentarian has ruled that the fiscal trigger, which was important in winning deficit-wary Sen. Bob Corker's support, will not work under the rules of the Senate.Reuters, citing a Republican senator and an aide, said Senate Republicans are weighing whether to make corporate tax cuts in the plan expire in year six or seven.


GOP Sen. Cornyn: Trigger proposal is unworkable 12 Mins Ago | 01:09

Senate Republicans are rushing to fix their tax bill only hours before an expected vote.

The Senate parliamentarian ruled Thursday that a fiscal "trigger," important to winning deficit-wary Sen. Bob Corker's support for the GOP tax bill, 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.

Republican Sens. Jeff Flake of Arizona and James Lankford of Oklahoma are among the other GOP senators with fears about growing budget deficits.

Sen. David Perdue of Georgia said his fellow Republicans are considering future tax increases not linked to any trigger as part of the bill.

Reuters, citing a Republican senator and an aide, said Senate Republicans are weighing whether to make corporate tax cuts in the plan expire in year six or seven.
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