DEFICIT CONCERN

WASHINGTON—Senate Republicans hit a major stumbling block late Thursday in their push to pass a $1.4 trillion tax cut when an effort to satisfy deficit hawks appeared to run afoul of procedural requirements.

Sens. Bob Corker (R., Tenn.), Jeff Flake (R., Ariz.) and James Lankford (R., Okla.) have been seeking to trigger an automatic increase in taxes if the Senate GOP tax bill fails to live up to expectations that it would pay for itself. A congressional analysis released hours earlier said that the tax cut would generate only…

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November 30, 2017 at 10:28PM




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