Senate Budget Battle Puts GOP Tax Bill in Limbo

The transcript discusses the challenges faced by a bill in the Senate, highlighting the opposition from various Republican senators due to differing concerns such as deficit impact, tax reductions for small businesses, and the inclusion of Obamacare repeal. The urgency to pass the bill is attributed to President Trump's need for a legislative victory in his first year. The outcome remains uncertain due to the diverse viewpoints.

What is one of the main concerns of the deficit hawks regarding the bill?

• The lack of support from Democratic senators

• The potential increase in the national debt

• The bill's impact on small businesses

• The inclusion of the Obamacare repeal

Why do some senators want tax reductions for pass-through small businesses?

• To support large corporations

• To ensure tax reductions are equal for all businesses

• To increase the national debt

• To oppose the Obamacare repeal

What is a concern for moderate senators like Susan Collins?

• The bill's impact on the national debt

• The inclusion of the Obamacare repeal

• The lack of support from the President

• The need for automatic tax hikes

What is the primary reason for the rush to pass the bill?

• To gain support from Democratic senators

• To avoid increasing the national debt

• To secure a legislative victory for President Trump

• To ensure tax reductions for large corporations

What failure is mentioned as a reason for the urgency in passing the bill?

• The failure to reduce the national debt

• The failure to gain bipartisan support

• The failure to repeal Obamacare

• The failure to pass a budget