Senators Marco Rubio and Bob Corker had placed the passage of the tax bill in the Senate in jeopardy due to their opposition.
Late Friday afternoon, they decided that they could support the bill, giving the Senate the votes to pass.
As the House already had the votes needed, Republican are fully optimistic that the Tax Reform bill will pass.
Sen. Marco Rubio, a Republican of Florida, is a “yes” on the tax reform bill, per a source close to the senator. In two tweets, earlier Friday afternoon, Rubio stated:
“For far too long, Washington has ignored and left behind the American working class. Increasing the refund-ability of the Child Tax Credit from 55% to 70% is a solid step toward broader reforms which are both Pro-Growth and Pro-Worker. … But there is still much more to do in the months and years to come. The progress made on the Child Tax Credit would not have been possible without the support of @SenMikeLee, @SenatorTimScott, and @IvankaTrump.”
Rubio had said previously made it clear he would not support the bill over the Child Tax Credit issue. Utah Sen. Mike Lee had said he was an undecided. Most senior Republican aides scoffed at the idea that one or both would vote to take down what Republicans view as a cornerstone domestic achievement — the first of their year running Washington.
Rubio’s red line Thursday had genuinely surprised Republican leaders, many asking why he waited so long.
Rubio and Lee clearly got more money toward refundability of the child tax credit, expanding that part to $1,400, from $1,100. The expansion of the refundability piece, which is part of the $2,000 child tax credit in the tax bill, was made explicitly to secure Rubio’s support.
Now that Senator Marco Rubio and Bob Corker and have changed their vote from yes to no, maybe we can get a tax reform bill vote on and passed so that it can be signed into law ASAP.
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