(THREAD) Epic screw-up in the tax bill the Senate just passed. They lowered the corporate rate to 20%, but accidentally put in an alternative minimum tax (AMT) of 20%. That's right. The same rate. (Maybe rushing it through wasn't the best idea). Here are some implications:
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Can't they just amend the bill and vote again before Friday?
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Minimum, that’s another vote. But it’s complicated because the AMT generated revenue. If they cut it, they need to raise money elsewhere to accommodate Senate rules.
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I guess that's what happens when they vote on a bill that none of them have actually read! GOP's MAGA
pic.twitter.com/S6jB8mTGnG
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I for one sincerely appreciate how stupid republicans are. Ineptness at its finest.



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They're very good at the con game though. Americans need to be very skeptical of their promises. Trump 101: When Trump speaks or tweets one MUST assume it is a lie until proven otherwise.
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Is the bill that comes back from conference still under reconciliation rules or can it be filibustered because it’s different?
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Depends on the details of the bill. But they'll probably craft it in a way that allows it to pass under reconciliation.
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And from what I understand they used up their budget resolution for the fiscal year to sneak it with 50+1 vote?
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I think the majority can do as many reconciliation bills as they want as long as the bills cover only budgetary issues.
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I think only once per topic per fiscal year though
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There can be only one reconciliation bill on taxes for the fiscal year, but it's not limited to one vote. Future Senate votes on the same bill are also 50 + 1
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Good information! Thanks!
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Almost like you should have things like hearings, markup, and stuff, huh?
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They come in handy from time to time, yeah.
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This is an amazing thread showing America exactly what happens when
#RegularOrder isn't followed. In an attempt to scam America - the GOP made an error. And I'm sure it's not the only one. Our Founding Forefathers are rolling in their graves.Thanks. Twitter will use this to make your timeline better. UndoUndo
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