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U.S. Senate tax bill stalls on deficit-focused 'trigger'

U.S. Senate tax bill stalls on deficit-focused 'trigger'By Amanda Becker and David Morgan WASHINGTON (Reuters) - The U.S. Senate on Thursday delayed voting on a Republican tax overhaul as the bill was tripped up by problems with an amendment sought by fiscal hawks to address a large expansion of the federal budget deficit projected to result from the measure. The Senate was debating the legislation late into Thursday, but put off any votes until Friday. The delay underscored nagging concerns among Republican fiscal conservatives with the deficit impact of a bill seen by the party as crucial to its political prospects in the November 2018 elections, when it will fight to keep control of the Senate and the House of Representatives.




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U.S. Senate tax bill stalls on deficit-focused 'trigger' Reviewed by Unknown on December 02, 2017 Rating: 5

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