Johnson votes to advance GOP tax reform bill

DC Wrap

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U.S. Sen. Ron Johnson threw his support behind the Senate GOP tax plan Tuesday in the chamber’s Budget Committee, after again voicing concerns about the measure Monday.

The bill ultimately passed on a 12-11 party-line vote, setting it up for a possible floor vote later this week.

Still, the version of the bill that passed Tuesday contained no changes that Johnson had been seeking regarding pass-through entities, which the Oshkosh Republican said were treated unfairly under the bill compared to corporations, which would see their tax rate lowered to 20 percent from 35 percent.

On Monday, Johnson said he was still a “no” on the GOP tax overhaul bill, although he said he was optimistic his concerns will be addressed.

“We are working diligently to fix the problems,” Johnson said. “If we develop a fix prior to committee, I will vote yes. If not, I will vote no.”

The full Senate could take up the tax bill later this week. The House passed its version of the plan earlier this month 227-205 vote, with 13 Republicans joining all Dems in opposition.

See more in Tuesday’s PM Update.

— Updated Nov. 28, 3:45 p.m. 

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