These Are the Tax Issues Threatening to Divide Republicans
Trump, Corker Feud Said to Be Viewed as Agenda Risk
President Donald Trump and Republican congressional leaders unveiled a framework in September for far-reaching changes to the U.S. tax code. Now it’s up to the House and Senate tax-writing committees to turn the framework into legislation that can pass both houses. They can do that without Democratic support because of a Senate procedure that lets them avoid a filibuster on bills related to taxing and spending. But first they have to reach agreement within their own ranks. With Republicans holding 52 seats in the 100-member Senate, only a few defections could sink a bill -- as happened to their failed efforts to repeal Obamacare. Here are issues that might divide Republicans.
Some Republicans in the Senate, most notably Bob Corker of Tennessee, are opposed to tax cuts that aren’t paid for. Corker -- who at the moment isn’t on the best terms with the Trump White House -- estimates that the bill would need to find, or raise, $4 trillion to keep from increasing the deficit. Others, like Pat Toomey of Pennsylvania, Rand Paul of Kentucky and Ted Cruz of Texas, say a bill that’s revenue-neutral wouldn’t do enough to promote economic growth.