Politics Cornyn: Senate GOP tax plan to be released Thursday

00:17  07 november  2017
00:17  07 november  2017 Source:   thehill.com

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  Cornyn withdraws Moore endorsement "The accusations against Roy Moore are disturbing and, if true, disqualifying," he added."The most appropriate course of action, in my view, is to leave the final judgment in the hands of Alabama voters - where it has always belonged - and withdraw my endorsement," Cornyn said in a statement on Monday.

sounds alarm over Trump's floated auto tariffs MORE (R-Utah) — would be released Thursday . "Yep, well that's the last I heard," said Cornyn , the No. 2 Senate Republican But Senate GOP leadership is threatening to keep the chamber in session for part of the break in order to pass the tax legislation.

According to The Hill, Senate Republicans will unveil their new tax plan on Thursday . Senator John Cornyn predicted that the Orrin Hatch drafted bill will be released on Thursday to the Senate floor. He went on to say that they are hoping to pass the plan before they leave for Thanksgiving.

Cornyn: Senate GOP tax plan to be released Thursday © Provided by The Hill Cornyn: Senate GOP tax plan to be released Thursday Sen. John Cornyn (R-Texas) is predicting that Senate Republicans will unveil their tax-reform legislation on Thursday.

Asked about the bill, Cornyn said the "mark" - or the version drafted by Senate Finance Committee Chairman Orrin Hatch (R-Utah) - would be released Thursday.

"Yep, well that's the last I heard," said Cornyn, the No. 2 Senate Republican, when asked if Thursday's release date was "for sure."

Spokespeople for Hatch didn't immediately respond to a request for comment on the timing of the bill.

Cornyn added that the Finance Committee would start its mark up next week and Republicans are still aiming to pass their tax plan before leaving town for Thanksgiving.

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A key analysis of the Senate Republican tax plan released late Thursday afternoon threw a wrench into the GOP leadership’s rush to pass tax reform this “I think it’s pretty clear they’re wrong,” Majority Whip John Cornyn (R-TX) said in reference to the JCT’s findings, telling reporters he thought the JCT

Follow Friday's updates here: Johnson to back Senate tax plan , putting GOP leaders close to passing massive bill. John Cornyn (Tex.), the Senate ’s second-ranking Republican, faces reporters as he exits a Republican Party luncheon. “Honestly, a lot of things are being discussed,” he said Thursday .

The timeline, if Republicans stick to it, leaves senators with a tight schedule.

Lawmakers are currently scheduled to leave for the weeklong Thanksgiving break on Nov. 17, just over a week after they will unveil their tax plan.

But Senate GOP leadership is threatening to keep the chamber in session for part of the break in order to pass the tax legislation.

Republicans have a narrow path to clearing a bill through the Senate. With 52 seats, they can only afford to lose two GOP senators, if every Democrat votes no, and still let Vice President Mike Pence break a tie.

The House unveiled its own tax plan last week, with the House Ways and Means Committee beginning consideration of the bill on Monday.

Republican senators are already laying down goalposts for their own legislation.

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House adopts Senate budget, takes step toward tax reform: House Republicans on Thursday The tax -writing committee will hold a markup for the GOP tax plan a week after Republicans release the bill on Nov. Cornyn : Senate could work Thanksgiving to pass tax plan : Sen.

Sen. John Cornyn , the No. 2 Senate Republican, signaled Thursday that the GOP could tweak its treatment of popular tax deductions in its final tax bill. The separate bills passed by the House and Senate scrap most state and local deductions but leave up to

Sen. Tom Cotton (R-Ark.) is leading a push by conservatives to use the tax plan to repeal ObamaCare's individual insurance mandate, despite leadership arguing a health-care fight shouldn't be included in the tax plan. And Sens. Marco Rubio (R-Fla.) and Mike Lee (R-Utah) argue the $600 increase for the child tax credit in the House bill doesn't go as far as they would like.

GOP senators, including Sens. Bob Corker (Tenn.), John McCain (Ariz.) and Jeff Flake (Ariz.), are also signaling that they are concerned about the impact any tax deal would have on the deficit.


Trump Tells Democrats He'll 'Get Killed' in GOP Tax Bill .
A meeting that was geared toward earning the support of Democrats on tax reform turned into a heated discussion between Democrats and White House officials.WASHINGTON — President Donald Trump called 12 Senate Democrats Tuesday, hoping to sway them in favor of the Republican tax cut bill, and told them he would personally "get killed" financially by the GOP bill. He said he would only benefit if it repealed the estate tax, according to multiple people who were present.

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