US Senator Johnson: We have enough votes to stop Trump’s tax cuts bill
|Speaking to CNN News on Sunday, US Senator Ron Johnson said, "I think we have enough (votes) to stop the process until the president gets serious about spending reduction and reducing the deficit.”
“My primary focus now is spending. This is completely unacceptable. Current projections are $2.2 trillion per year deficit,” he said.
Johnson further noted, “there should be a goal of this Republican Senate to reduce the deficit, not increase it. We’re increasing it.”
US President Donald Trump’s sweeping tax cuts bill was passed in the lower house last week and will be voted on in the Senate this week.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.