Senate GOP hustles to meet tax bill holdouts’ demands – Orange County Register

By MARCY GORDON and STEPHEN OHLEMACHER
Associated Press

WASHINGTON — Senate Republicans are stepping quickly to meet competing demands of holdout GOP senators for a tax overhaul package expected to add $1 trillion to the nation’s deficit over 10 years.

The Republicans eye a crucial final vote Friday on the $1.4 trillion Senate bill carrying the hopes of President Donald Trump and the Republican Party to preserve their majorities in next year’s elections.

Amid a whirl of meetings and dramatic votes Thursday evening, the Senate GOP leaders rewrote the bill behind closed doors. They weighed scaling back the tax cuts in the legislation to secure crucial support.

The leaders were making major changes up to the last minute, including one that would roll back some of the tax cuts after six years to appease deficit hawks — notably Sens. Bob Corker of Tennessee and Jeff Flake of Arizona.

Another faction to be reckoned with: senators supporting millions of businesses whose owners report the firm’s profits on their individual tax returns. The vast majority of U.S. businesses, big and small, are taxed this way. Sen. Steve Daines, R-Mont., backed the…

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