Tax Overhaul in Flux as Senate Votes to Begin Debate

The transcript discusses the ongoing Senate debate over a tax bill, highlighting market expectations and the uncertainty among senators due to rapid changes in the bill. A key point of contention is a proposed trigger for a tax increase if revenue projections are not met. The discussion also touches on the loyalty of senators to their party and the President, with particular attention to John McCain's unpredictable stance. The urgency and rushed nature of the process add to the uncertainty of the final vote outcome.

What is the main issue faced by senators regarding the tax bill?

• Uncertainty due to rapid changes

• Lack of time to read the bill

• Insufficient support from the public

• Disagreement on the bill's purpose

What makes it difficult to count the votes for the tax bill?

• There is no clear voting schedule

• The bill is changing too quickly

• Senators are frequently absent

• The bill is too lengthy

What is the controversial aspect of the tax bill discussed in the second section?

• A proposed tax cut

• A trigger for a tax increase

• A new tax on imports

• A reduction in corporate taxes

How many votes can the party afford to lose on the tax bill?

• One

• Two

• Three

• Four

Which senator is mentioned as being unpredictable in their stance on the tax bill?

• John McCain

• Mitch McConnell

• Lindsey Graham

• Chuck Schumer