GOP scrambling to finalize tax bill hours before rollout

Pictured: Rep. Doug Collins (R-Ga.)

ㅤ”The next several hours will be critical, GOP sources say. Should progress be made, Republicans will continue as planned and introduce their bill Wednesday around noon after briefing the entire House Republican conference at 9 a.m. Should they falter, tax reform may have to wait another day.
ㅤ’I would say there is a lot of Red Bull and Monster being drank in there right now,’ said Rep. Doug Collins (R-Ga.), vice chairman of the House Republican Conference. ‘The whole Ways and Means crew knew this would be a tough lift — and we’ve not even gotten to the rollout of the actual details yet.”

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Drunk John Boehner Unloads on Conservatives, Lets Slip Private Conversations with George W. Bush About Paul Ryan’s Incapabilities

Pictured: John Boehner

ㅤ”Ex-House Speaker John Boehner unloaded on House conservatives from the House Freedom Caucus and let slip private conversations with former President George W. Bush about his successor, Paul Ryan’s, ineffectiveness as Speaker of the House in a lengthy Politico profile published on Sunday.”

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House GOP tosses conservative playbook in bid for tax reform

Pictured: Rep. Mark Meadows, head of the House Freedom Caucus

ㅤ”We’ve got to get the economy going — it’s all about wages going up — and if I can endure some short-term pain for long-term benefits, I’m willing to do that,’ said Mark Meadows (R-N.C.), head of the chamber’s staunchly conservative Freedom Caucus.”

ㅤô¿ô …Precisely.

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Freedom Caucus will back Senate budget — in exchange for tax promise


ㅤFreedom Caucus Chairman Mark Meadows

ㅤ”In exchange for their votes, the Freedom Caucus wants a promise that GOP tax writers will hold their first committee markup the following week, with a House floor vote on the tax bill in the second week of November.”

Story at Politico, image from politico(.com). #budget #congress #conservatives #freedom caucus #house of representatives #mark meadows #paul ryan #senate #senate republicans #spending cuts #tax cut #tax cuts #tax plan #tax rate #tax reform #taxes #u.s. congress — Visit the post page to like, share or reply to this post.

Ryan: Tax plan will include higher bracket on the rich

ㅤ”The Wisconsin Republican declined Friday to get into the specifics of how it would work, saying lawmakers are still hashing that out, but said Republicans don’t want their plan to be a windfall for the rich.
ㅤ’That’s why we’re introducing the fourth bracket, so that high-income earners do not see a big rate cut and that those resources go to the middle class,’ he said on ‘CBS This Morning.’ ‘Once we get that budget resolution that tells us how our numbers will work, then we’ll introduce the bill which will have that fourth bracket.'”

Story at Politico, image from politico(.com). #congress #house of representatives #paul ryan #tax cut #tax cuts #tax plan #tax rate #tax reform #taxes
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House, Senate leaders near budget deal to set up tax reform

ㅤ”The House and Senate need to pass identical budgets in order to allow Republicans to use a fast-tracking procedure that sidesteps the Senate’s typical 60-vote threshold for passage. Then Republicans can jam a tax bill through on party lines, which is their current plan.”

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Senate Republicans urge Trump to back bipartisan Obamacare deal


ㅤDemocratic Sen. Patty Murray and Sen. Lamar Alexander

ㅤ”‘I told the President that if Graham-Cassidy became law tomorrow, you’ve got two or three years before this thing gets implemented. You’ve got to do something in the interim period,’ Lindsey Graham said in an interview. ‘You can’t save Obamacare but you can keep the markets from collapsing until we get a replacement, which will be Graham-Cassidy.'”

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