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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCorker: Tax cuts could be one of worst votes Ive made
Retiring Tennessee Senator Bob Corker (R) said that his vote on the GOP tax law could be one of the worst of his career if estimates that it will add $1.9 trillion to deficits over a decade prove correct.
If it ends up costing what has been laid out here, it could well be one of the worst votes Ive made, he said at a Senate Budget Committee hearing on the Congressional Budget Office estimate that produced the figure.
I hope that is not the case, I hope theres other data to assist, whether its jobs or growth or whatever, Corker added.
Corker voted against a version of the GOP tax-cut bill in early December, and was the only Republican senator at the time to cast a no vote on the bill.
But he voted for the final bill after a House-Senate conference, joining the rest of his Senate GOP colleagues to support the legislation backed by President Trump.
http://thehill.com/policy/finance/382663-corker-tax-cuts-could-be-one-of-worst-votes-ive-made
A little too late now Boo Boo.
blake2012
(1,294 posts)Trump on anything. I call BULLSHIT.
Eliot Rosewater
(31,112 posts)and we will lose those things unless we vote for ANY democrat from NOW until further notice.
Typical con, no spine, none.
hatrack
(59,587 posts)EDIT
Corker announced on Friday that he would vote for the Senate-House Conference version of the tax cut bonanza, even though it has the same irresponsible deficit impact as the Senate version that he had opposed. Shortly after Corker's announcement, the International Business Times broke a story that the Conference bill had added a provision that would benefit both Corker and Trump, personally. The particular provision in question allows real estate investors to get a special 20% tax rate like other small businesses -- even without paying significant wages to anybody, unlike other businesses. This clearly helps Trump himself, who holds many assets that he simply licenses out to others to run.
While Corker has publicly denied that the addition of this real estate benefit influenced his decision, its presence further underscores the cruelty of this bill -- and the cruel familiarity of the process of generating it. The Republican plan privileges the wealthy -- including the ones with large real estate holdings like the President -- while largely ignoring the forgotten working men and women who voted for Trump. Some low- and middle-income taxpayers may initially get a small benefit from the plan, but all the individual cuts are set to expire by 2025 at the latest, and the largest gains will go to those at the top of the wealth scale.
EDIT
https://www.cnn.com/2017/12/18/opinions/tax-plan-benefit-trump-opinion-mccaffery/index.html
John Fante
(3,479 posts)arthritisR_US
(7,288 posts)politicaljunkie41910
(3,335 posts)claiming the CBO was wrong and you were right, and rushing to get it passed before anyone could read it.
You jackasses can't or were unwilling to do your own job and now you want to lecture the private sector on how to do theirs. If Facebook was regulated by Congress they would be up to their eyeballs in debt now rather than profitable. Congress needs to worry about cleaning up their own f*ucked up House rather than lecturing someone employing tens of thousands in high paying jobs in the private sector, using innovative techniques to reach people around the world at no charge to their users. Yes there are some privacy concerns that need to be worked out, but no one is forced to use Facebook. We can't say the same thing about the future taxes we will be subjected to in order to pay down this massive debt.
spanone
(135,832 posts)he's (not) my senator
he actually is...
spanone
(135,832 posts)dalton99a
(81,488 posts)So predictable
spanone
(135,832 posts)Good Read....
Marsha Blackburn Is the Result of 40 Years of Republican Lunacy
https://www.esquire.com/news-politics/politics/a19695474/marsha-blackburn-tennessee-senate/
dalton99a
(81,488 posts)exboyfil
(17,863 posts)That is your legacy as is Susan Collins.
dalton99a
(81,488 posts)hatrack
(59,587 posts)IOW, fuck you.
irisblue
(32,975 posts)You cannot save your reputation with that statement.
Raster
(20,998 posts)...of a "tax bill." I expect more rethuglicans will cry "mea culpa" and try to use the excuse "the Devil* made me do it."
Iggo
(47,552 posts)Frustratedlady
(16,254 posts)then he voted for it. Wasn't he a big winner on that? If so, it should be thrown back in his face to cancel out his regrets on supporting it. Don't feel sorry for him. He'll laugh all the way to the mailbox at tax time.
old guy
(3,283 posts)ooky
(8,923 posts)you could always show how contrite you are by giving away all your share of the loot to the poor and the sick.
volstork
(5,401 posts)did you vote for it, you sham? Quit trying to play both sides-- none of us believe you think it was a bad bill, because it put money in your pocket.
POS
magicarpet
(14,150 posts).... the bill now law was sweetened up to specifically make your wallet fatter in order to guarantee your vote - for the rich pig tax break and rebate to bust the budget.
Now the Tea Party Nazi Party (Koch Bros.) have a silver tray pretense and clear and convincing excuse to go machete austerity program on food stamps, Social Security Retirement, Medicare, Medicaid, Social Security Disability payment insurance and any other "entitlement" programs your Fascist Rethug Party so hates.
Who do you think you are kidding ?
Orsino
(37,428 posts)He's trying to sound befuddled, rather than corrupt.
Proud Liberal Dem
(24,412 posts)It's not like people weren't warning about this back then!
bullwinkle428
(20,629 posts)CentralMass
(15,265 posts)Va Lefty
(6,252 posts)Ferrets are Cool
(21,106 posts)Takket
(21,568 posts)democratisphere
(17,235 posts)the worst votes you made. Tax cuts made under completely false pretenses.
underpants
(182,803 posts)SamKnause
(13,106 posts)GeorgeGist
(25,321 posts)Fuckups.
malthaussen
(17,195 posts)Why "I was too spineless to vote against something I knew was bad" is supposed to be any kind of recommendation, I dunno.
-- Mal