Republicans win crucial vote for tax cuts with new gimmick, but there’s a catch

The Senate Budget Committee voted the GOP Senate plan out of committee 12 to 11 Tuesday afternoon.

Senate Republicans, scrambling for the votes to even get their tax bill out of committee, needed something to win over Sen. Bob Corker (R-TN) a “deficit hawk” whose support was uncertain in recent days. Both Corker and Sen. James Lankford (R-OK) have both suggested a backstop, or trigger, which would reverse some tax cuts in the case the economy won’t grow as quickly ...