Senate Republicans in Congress could vote on their version of tax reform as soon as this week. If the Senate bill passes, it would need to be reconciled with the House version and then voted on again. There are still a number of Senate Republicans who have expressed reservations. They can only lose two votes for the bill to still pass without any Democratic support. BPR's Jeremy Loeb discusses its impact in Western North Carolina with NC State University economist Dr. Michael Walden.
Further reading:
Washington Post: Senate GOP Tax Bill Hurts The Poor More Than Originally Thought, CBO Finds
GOP Tax Bill Hits Asheville, WNC Hard With Historic Tax Credit Elimination
Local Graduate Students Push Back On GOP Tax Hike On Tuition
On Point: NYT's David Leonhardt: GOP's Tax Plan Will Hurt Middle Class
