Senate passes GOP tax reform after frenzied last-minute changes

Late into the night, the Senate passed the Republican bill to rewrite the American tax code. This marks the last major hurdle before the bill becomes law. Democrats complained they weren’t able to read the bill, as Republicans added handwritten amendments.

The bill is expected to become law before the end of the year, which would make it the first major piece of legislation the Trump administration has been able to get through Congress.

Before the final vote, Senate Minority Leader Chuck Schumer (D-New York) made “one final plea,” calling for a motion to adjourn until Monday to allow Democrats to read the last-minute provisions. The motion failed with a 52-48 vote along party lines. Schumer said that the Republicans did not have the “decency” or “honor” to let the Democrats see the amendments before lobbyists. He added that Democrats only got to see the bill with a “few hours’ notice,” and it had “not been read fully or considered fully” by “a single member” of the chamber.

“In my long career in politics, I have not seen a more regressive piece of legislation, so devoid of a rationale, so ill-suited for the condition of the country, so removed from the reality of what the American people need,” Schumer said, adding that the Republican party “will never again be the party of tax cuts.”

Schumer said that the text of the bill was replaced by unreadable handwritten notes that were “scrolled like something on the back of a napkin behind closed doors.”

“Read the bill? They’re still writing it by hand,” Schumer chided Republicans, adding that they were “reaching unreached heights of hypocrisy” after complaining about the way Democrats handled the Obamacare vote in 2010. Schumer saluted Corker for voting against the bill, adding that his only regret was that “there were not more that followed his example.”

Several last-ditch amendment efforts failed before the final vote Friday night.

Senator Bob Menendez (D-New Jersey) proposed an amendment that would restore the full State and Local Tax (SALT) deductions from being eliminated. The amendment failed in a 52-48 vote. Senators Marco Rubio (R-Florida) and Mike Lee (R-Utah) proposed an amendment to raise the corporate tax rate from 20 percent to 22 percent in order to make the child tax credit refundable against payroll taxes. The amendment was voted down 71-29.

Senator Sherrod Brown (D-Ohio) proposed an amendment that would expand the child tax credit permanently. That amendment failed, 52-48. Senator Bernie Sanders (I-Vermont) proposed an amendment that would require a two-thirds vote to make cuts to Social Security, Medicare, and Medicaid benefits. It failed, 54-46.

On Friday, Senate Majority Leader Mitch McConnell (R-Kentucky) announced that he “has the votes” to pass the bill.

Republicans could only afford to lose two votes from their caucus, or the bill would have failed.

Senator Bob Corker (R-Tennessee) said Friday that he would not vote for the tax plan, making him the only Republican that said he would oppose the bill before the vote. Corker previously promised that he would vote against any bill that hiked the deficit, and said that he was keeping his promise by refusing to vote for the legislation.

“I am not able to cast aside my fiscal concerns and vote for legislation that I believe, based on the information I currently have, could deepen the debt burden on future generations,” Corker said in a statement.

All the other senators who previously voiced opposition to the bill came out before the vote to say they would support the bill. Senator Susan Collins (R-Maine) released a statement on Friday, saying that she would vote for the bill after securing “key improvements in the bill.”

Collins tweeted a picture of a letter from McConnell, who assured her that there would be no future cuts to Medicare.

“As revised, this bill will provide much-needed tax relief and simplification for lower- and middle-income families, while spurring the creation of good jobs and greater economic growth,” Collins said in a statement.

Senator Jeff Flake (R-Arizona) also said Friday he would support the bill after Senate leaders agreed to eliminate an $ 85 billion “expensing budget gimmick” and the administration told him they would work with him on to enact “fair and permanent protections for DACA recipients.”

“Having secured both of those objections, I am pleased to announce I will vote in support the tax reform bill,” Flake said in a statement.

During the week, Senators Lisa Murkowski (R-Alaska), James Lankford (R-Oklahoma) and John McCain also said that they would support the bill.

After McConnell announce he had enough votes, Republicans delayed the vote several times to make last-minute changes to the bill as Democrats debated on the Senate floor.

Senator Ron Wyden (D-Oregon) presented a list of more than 30 provisions, which he said were introduced to the bill just before he received them. Wyden said that the additions were written by lobbyists “in the last few hours, or perhaps overnight.”

“It sure seems like the lobbyists were working overtime. They must have earned a holiday gift with this new bonanza of goodies,” Wyden said. The senator from Oregon added that they were still waiting to see the final version of the 500-page bill only hours before they would cast their votes.

Trump tweeted earlier Friday that Republicans were “working hard” to write amendments that would make the bill “better and better” and blamed Democrats for being obstructionists.

“Dems trying to block because they think it is too good and will not be given the credit!” Trump tweeted.

Senator Jeff Merkley (D-Oregon) blasted the GOP for adding the provisions at the last minute, demanding an answer to why the bill was “being circulated to lobbyists, to the swamp instead of to the members of the United States Senate?”

“Isn’t there any form of transparency or integrity left in this chamber in terms of legislative debate?” Merkley said. “This is not the way to do business in the US Senate. This is not the way to fo the people’s business. This is the way to do the swamp business.”

Senator Dick Durbin (D-Illinois) brought out one page of the bill had a handwritten note that changed the rules for Subchapter S Corporations. However, no one was able to read the note.

“I defy anybody to read it because the problem is when they copied it they chopped off-line so there aren’t sentences. There are just little phrases and words,” Durbin said. “This is your United States Senate at work. This is what happens when you push through a bill late at night desperate to pass it without really stopping to ask yourself will this make us a stronger nation?”

Senator Liz Warren (D-Massachusetts) shared similar sentiments in a video posted on Twitter.

Senator Bernie Sanders (I-Vermont) said that lobbyists were “looting” the federal treasury in the form of these last-minute hand-written amendments.

“As we speak, there are lobbyists all over Capitol Hill writing down in handwriting amendments to this bill to give hundreds of millions if not billions of tax breaks, billions of dollars in tax breaks to large corporations,” Sanders said. “As we speak they’re probably still writing those amendments.”  

Sanders said that Republicans were planning to cut social security, Medicare and Medicaid after the tax bill passed and the deficit goes up.

“In other words, in order to give tax breaks to billionaires and to large profitable corporation, they’re going to cut programs for the elderly, the children, the working families of this country, and the poor,” Sanders said. “This legislation will go down in history as one of the worst, most unfair pieces of legislation ever passed.”

Read more

© Brendan McDermid

Senator Pat Toomey (R-Pennsylvania) fired back, saying that the bill went through “the regular order.”

“It has gone through the committee. It was extensively debated in the committee. It was marked up in the committee. There were many dozens of amendments debated and voted on in the committee. And the committee document, which is very, very similar to the final document that we’re going to vote on tonight, has been available for weeks,” Toomey said.

Toomey said that Republicans “might” even win the support of Democratic Senator Joe Manchin (West Virginia). However, Manchin said that the bill “not designed to have one Democrat,” and called on Republicans to reach across the aisle.

“I thought that my Democratic colleagues in 2010 that voted for the Affordable Care Act with not one Republican on it was wrong,” Manchin said. “At least they tried. They went through the markups, they went through the hearings. I don’t think any major legislation that affects every American should go through without bipartisan votes and support.”

When Republicans were debating Obamacare in 2009, McConnell argued that Democrats tried to “rush” the bill through Congress “and force it on a country that’s overwhelmingly opposed to it.”

“We need nonpartisan groups like the Congressional Budget Office to tell us how much this legislation will cost and how we’d pay for it, and we need to slow down and get it right. We need to give members of Congress the time they need to understand what they’re going to be voting on. And we need to give the American people the time they need to understand this legislation too,” McConnell said from the Senate floor, according to Senate Republicans.

The bill had a 36 percent approval rating and a 46 percent disapproval rating, according to a Quinnipiac poll earlier this month.

The legislation will now go to back to the House, where lawmakers will finalize the bill before it is sent to the president’s desk.

Let’s block ads! (Why?)

RT – Daily news

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.