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In Critical Test Of Tax Reform Bill, Senate Narrowly Approves Motion To Start Debate With 52-48 Vote

In Critical Test Of Tax Reform Bill, Senate Narrowly Approves Motion To Start Debate With 52-48 Vote

Update (5:55PM EST): After a full day of debating the GOP tax reform bill, the Senate has now approved a motion to...drum roll please...debate the GOP tax reform bill.  As we detailed below, this was the first big test for the GOP's tax bill before the entire Senate and it narrowly passed with a vote of 52-48.  No Democrats voted in favor of the procedural motion to begin debate and all Republicans towed the party line.

"Make Or Break": Senators Push For Sweeping Changes To Tax Bill As GOP Leaders Struggle To Vote It Out Of Committee

"Make Or Break": Senators Push For Sweeping Changes To Tax Bill As GOP Leaders Struggle To Vote It Out Of Committee

With roughly 14 sessions of Congress left before the New Year break, the GOP’s chances of passing comprehensive tax reform by the end of the year – as the White House has promised to do - are looking increasingly remote. So far, the biggest obstacle – as with the Republicans disastrous failure to repeal and replace Obamacare – is the Senate, where disparate groups of lawmakers are opposing the bill for different, and sometimes contradictory, reasons.

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