Senate Republicans pushed their tax plan past another key hurdle Wednesday, a show of momentum for President Trump’s top priority even as frantic negotiations with GOP holdouts made final passage uncertain. But at least eight Republican senators have voiced concerns. Some Republicans, led by Sen. Bob Corker (R-Tenn.), want assurances the tax cuts won’t add to the deficit. But Collins is still seeking other changes to the tax bill, including a provision championed by Sen. Marco Rubio (R-Fla.) that would make the expanded $2,000 child tax credit refundable. Studies show that while most Americans, on average, would see tax cuts, some taxpayers — especially lower- and middle-income filers — would see tax hikes, especially once the reduced rates expire.
Source: Los Angeles Times November 29, 2017 22:56 UTC