Worthy Christian News > US News > Tax cut plan slips out of Senate Republicans’ hands when ‘trigger’ compromise is nixed

Tax cut plan slips out of Senate Republicans’ hands when ‘trigger’ compromise is nixed

Thursday, November 30, 2017 | Tag Cloud Tags: deficit, NATO, News, Senate, tax, Washington, Worthy News | Learn about our FREE SYNDICATION Service | Don’t rely on social media — get Worthy by email! | Printer Friendly

(Worthy News) – Senate Republicans were struggling to keep their $1.4 trillion tax cut on track Thursday night after a key compromise crumbled, sending leaders scurrying for another last-minute rewrite to try to keep deficit hawks on board.

The hiccup came after the Senate parliamentarian said a “trigger” the deficit hawks had hoped to use to constrain the bill if it produced big deficits wouldn’t fly under the chamber’s rules. At least three Republicans had been counting on the trigger to justify support for the cuts. Without it, party leaders will have to find other ways to limit the bill’s costs.

Senators now face eliminating hundreds of billions of dollars in tax cuts from the package to satisfy the hawks such as Sen. Bob Corker, a Tennessee Republican whose vote is crucial to passage. [ Source: Washington Times (Read More…) ]

Get news worthy of your attention — delivered directly to your inbox.

people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

U.S. Jobless Claims Remain Low as Labor Market Holds Steady

WHO Warns Congo Ebola Outbreak Could Become Deadliest in History

Israel Resumes Preemptive Gaza Strikes as Hamas Disarmament Deal Stalls

Trump Administration Announces $2 Billion for Christian Aid Groups After USAID Overhaul

Danube Nuclear Crisis Deepens As Hungary Questions Russian Expansion (Worthy News In-Depth)

U.S. Sending Fresh Aircraft Carrier to Middle East

Mecca Defense Pact Signals New Muslim Military Alliance Beyond U.S. and Israel

U.S. Credit Card Debt Surges to $1.26 Trillion as Americans Lean Heavier on Borrowing

Israel Unveils Next Generation of Low-Cost Autonomous Attack Drones

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.