Sen. Ron Johnson to Vote Yes on GOP Tax Bill

The transcript discusses the ongoing negotiations and developments regarding a tax bill in the Senate. It highlights the shifting momentum towards Republican leadership and President Trump, with Senator Ron Johnson now supporting the bill. However, Senators Corker and Flake remain concerned about the budget deficit. The discussion also covers the role of the Conference committee in finalizing the bill and the potential for last-minute changes. Key contentious issues include the deficit and state and local tax deductions.

Which senator recently decided to support the tax bill, providing a lifeline to Senate Republicans?

• Senator Susan Collins

• Senator Corker

• Senator Flake

• Senator Ron Johnson

What is the purpose of the managers' amendment in the legislative process?

• To veto the bill

• To incorporate last-minute deals

• To introduce new bills

• To delay the voting process

Which senator is still a holdout due to the $10,000 property tax exemption cap?

• Senator Ron Johnson

• Senator Susan Collins

• Senator Flake

• Senator Corker

What is one of the main concerns of Senator Corker regarding the tax bill?

• The increase in the budget deficit

• The impact on healthcare

• The reduction of corporate taxes

• The elimination of the estate tax

What is a key issue that several House Republicans want to address in the tax bill?

• Eliminating the state and local tax deduction

• Reducing the budget deficit

• Making last-minute tweaks to the state and local tax deduction

• Increasing corporate tax rates