Tax Reform Showdown Set For Tuesday In House

The big Republican tax bill is  virtually assured of passage, probably next week.  

Tennessee Republican  Senator Bob Corker reversed positions yesterday and said he will vote  for the final bill.  Corker had been opposed due to concerns about the  deficit.  

The GOP measure is projected to add more than one-trillion  dollars to the deficit over 10 years.  Meantime, Florida Republican  Senator Marco Rubio said he will support the final bill.  

Rubio had been  on the fence because of concerns about child tax credits.  

 Democrats like Congressman Richard Neal who is on the powerful House Ways And Means Committee calls l the GOP measure a massive giveaway to the nation's  wealthiest people and corporations.  

The Congressman says that when Republicans made changes to their bill, they made a bad bill even worse for the people who need help the most.

House Republicans have more than  enough votes to pass the final bill when they deal with the issue probably Tuesday.

Photographer: Daniel Acker/Bloomberg via Getty Images


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