Andrew Taylor

GOP advances tax overhaul; shutdown still a threat

WASHINGTON (AP) — Republicans held together and shoved their signature tax overhaul a crucial step ahead Nov. 28 as wavering GOP senators showed a growing openness.

But its fate remained uncertain, and a planned White House summit aimed at averting a government shutdown was derailed when President Donald Trump savaged top Democrats and declared on Twitter, “I don’t see a deal!”

Senate GOP tentatively agrees to $1.5T plan on tax cuts

WASHINGTON (AP) — Senate Republicans are zeroing in on a tax outline that would add about $1.5 trillion to the government’s $20 trillion debt over 10 years, justifying the spurt of red ink with promises of surging economic growth and a burst of new revenues.

Tennessee Sen. Bob Corker, a member of the chamber’s dwindling band of deficit hawks, and Sen. Pat Toomey, R-Pa., one of the chamber’s more ardent believers that tax cuts can pay for themselves, said they sealed an agreement on Sept. 19.

Trump: Government ‘needs a good shutdown’

WASHINGTON — President Donald Trump declared May 2 the U.S. government “needs a good shutdown” this fall to fix a “mess” in the Senate, signaling on Twitter his displeasure with a bill to keep operations running. But Republican leaders and Trump himself also praised the stopgap measure as a major accomplishment and a sign of his masterful negotiating with Democrats.

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