UPDATE 2:05am: They passed it.
Senate Republicans passed a $1.5 trillion tax bill early Saturday morning which amounts to a massive giveaway for corporate America and the wealthy at the expense of nearly everyone else.
Earlier tonight, Sen. Cory Booker, at his desk, the bill itself finally in his hands hours before he had to vote on it, tried to read through it on Facebook Live. A 500-page bill. A sheaf of paper about 5 inches thick.
“What is even more offensive is that this bill, that was crafted and drafted in darkness, behind closed doors with just Republicans – no hearings, no experts coming in, no people and stakeholders from around the country helping shape this process. This was done with Republicans and their donor class and others who helped to craft this bill.” Watch the Booker livestream.
Senate Majority Leader Mitch McConnell has been saying for some time he has the votes to pass the trickle down tax bill, and the bill was planned for a vote on Friday evening. Here’s where we stand now at 8:00 pm. According to Bloomberg News, The Senate tax bill is headed for a round of marathon votes with the goal of holding a final vote by the end of the work week which could mean extremely late tonight or into the weekend, or maybe never if they end up not having the votes. Sen. Bob Corker (R) and all Democrats have said they will vote against the bill. There may a few other undecided Republicans, some of whom are still seeking “favors” to gain their vote.
Senators had to wait until late this afternoon to finally get some six inches of paper of what was supposedly the complete, final document, but the handwritten, sometimes illegible, changes did not appear printed in the official version. One change seemed to benefit only one university which is heavily funded by Betsy DeVos, currently Secretary of Education.
Trump said two days ago, “A successful vote in the Senate this week will bring us one giant step closer to delivering an incredible victory for the American people. Massive tax cuts and reform.” Once again he overstates and misstates the reality, and American people disagree. According to the Reuters/Ipsos opinion poll of 1,257 adults conducted from Thursday to Monday, 49 percent said they opposed the Republican tax bill, 29 percent said they supported it, and 22 percent said they “don’t know,”
Sen. Cory Booker’s remarks on the floor of the U.S. Senate yesterday to speak out against President Trump and Congressional Republicans’ unfair and disastrous tax proposal’.
Sen. Bob Menendez went on Facebook live today to detail the truth about Republican tax plan, explaining the various ways the plan hurts the middle class, increases our deficit, and helps corporations and the top 1% at the expense of working families.
To be continued…