Here's how the Senate GOP tax bill will critically hurt poor people

Trump Heads to Missouri to Sell Tax Plan Ahead of Senate Vote

Under the budget process Republicans are using to pass the tax bill without Democratic votes, the Budget Committee was tasked with combining the Finance Committee's tax measure with the Alaska drilling proposal from the Energy and Natural Resources Committee.

In a tweet Monday, the president said tax cut legislation is "coming along very well", and indicated that most Republicans are behind the bill.

But Republican leaders said they have yet to round up the votes needed for passage in the Senate, where they hold a narrow 52-48 majority. Lawmakers must renew government funding before it expires on December 8.

Trump said as he meets with Republican House Speaker Paul Ryan and Republican Senate Majority Leader Mitch McConnell that Schumer and Pelosi are weak on crime and combating illegal immigration and want to increase taxes.

As the committee voted, Republican Senator Bob Corker said he had worked out a deal that satisfied his concerns that the tax cuts could add too much to the national debt. "Think of sitting there with a Rubik's cube".

Corker said the bill would be modified to automatically raise tax revenues if growth targets were not reached.




Collins may also insist on eliminating the bill's repeal of the Obamacare mandate that most individuals get insurance or pay a penalty. Fewer poor Americans purchasing health insurance means the government would save on insurance subsidy payments - which then helps the government afford tax cuts for the we.

These include changing the rates on individual tax brackets, almost doubling the standard deduction, eliminating personal exemptions, expanding the child tax credit and repealing the state and local tax deduction.

Republicans are struggling to win over resistant GOP senators to a sweeping tax bill that President Donald Trump and their party have set as a vital political goal.

The Senate Budget Committee sent Republicans' massive tax-cut bill to the full Senate for a marathon debate and vote as early as Thursday - a major step toward getting a plan enacted by the end of this year. Afterward, Collins said Trump and other GOP leaders agreed to the property tax provision.

Ahead of Trump's meeting, the President, Vice President Mike Pence, Treasury Secretary Steven Mnuchin and even first daughter Ivanka Trump, have been been on a lobbying blitz behind the scenes, sources told CNN.

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