THE DAILY WHIP: MONDAY, DECEMBER 4, 2017
Press Types
Daily Leader
HOUSE MEETS AT: | FIRST VOTE PREDICTED: | LAST VOTE PREDICTED: |
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6:00 p.m.: Legislative Business Fifteen “One Minutes” | 6:30 – 7:15 p.m. | 8:15 – 8:45 p.m. |
Motion to go to Conference on H.R. 1 – GOP Tax bill, and Democratic Motion to Instruct Conferees | ||
THE DAILY QUOTE |
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“In the end, none of the economic studies mattered. While they differed in degree, most independent cost estimates of the Senate's tax bill agreed it would produce higher deficits. Republican senators rejected them all, saying their tax cuts were likely to pay for themselves by producing higher-than-expected economic growth… The experts are betting it won't. The nonpartisan Joint Committee on Taxation, the official congressional scorekeepers, found the bill would increase deficits over the next 10 years by $1 trillion, even after accounting for economic growth… The conservative-leaning Tax Foundation projected a deficit increase of $516 billion after accounting for economic growth. The Penn Wharton Budget Model, produced through the University of Pennsylvania's Wharton School, said the bill would increase deficits by at least $1.3 trillion over a decade, even with more economic growth. Even a study produced for Koch Industries, run by conservative billionaire GOP backers Charles and David Koch, found the plan would increase deficits by about $500 billion…” - CQ, 12/4/2017 |