Paul, writing in a Fox News online opinion piece, said that
while the bill was not perfect and he would "prefer a larger
cut," he planned to support the measure because it achieved some
of his goals, and he could push for more changes next year.
"This tax bill is a true test for my colleagues," wrote Paul,
who represents Kentucky. "I'm not getting everything I want —
far from it. But I've been immersed in this process. I've fought
for and received major changes for the better — and I plan to
vote for this bill as it stands right now."
President Donald Trump, also a Republican, had set a goal of
signing a sweeping tax overhaul into law before the end of 2017.
About a half-dozen lawmakers have voiced concerns about
provisions including a nearly $1.5 trillion addition to the
federal deficit, the treatment of small businesses and the
potential impact on health insurances costs for people with
Senate Republicans hope to pass their bill as early as Thursday.
With only a 52-48 majority in the 100-seat Senate, and Democrats
unlikely to vote for the measure, they can lose support from no
more than two members of their own ranks.
With the clock ticking, Trump was set to meet top Senate
Republican tax writers at the White House as the administration
considered policy tweaks to make the bill more palatable to
potential Republican holdouts.
(Reporting by David Alexander; Editing by Doina Chiacu and Lisa
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