Here’s Where Senate Republicans Stand On Tax Reform

Senators are aiming for a vote this week on a Republican tax-reform plan.

The bill would temporarily cut individual tax rates and slash the corporate rate from 35 percent to 20 percent. It also includes a controversial provision to repeal ObamaCare’s individual insurance mandate.

If all Senate Democrats and independents vote against the bill, Republicans can only afford two defections in the upper chamber, allowing Vice President Pence to break a tie.

Lawmakers would then have to reconcile it with the House tax-reform package, which has key differences, and pass it through both chambers before delivery to the White House.

Read more at The Hill.