GOP Confident Tax Overhaul Gets Done Next Week

The transcript discusses the status of a tax deal, with sources indicating it will be completed soon despite some holdouts. The health of Senator McCain is a concern, as his absence could affect Republican votes. Key issues in the tax plan include tax cuts for the rich and the elimination of state and local tax deductions, with public opinion largely against the plan. However, momentum seems to favor its passage.

What is the expected timeline for the completion of the tax deal according to the sources?

• By the end of the month

• By early next week

• By the end of this week

• By the end of the year

How does Senator McCain's illness potentially affect the voting process for the tax deal?

• It could delay the vote indefinitely

• It might require Republicans to find another vote

• It has no impact on the voting process

• It could lead to a complete rewrite of the deal

What is one of the main concerns about the current tax plan?

• It eliminates all tax deductions

• It increases taxes for everyone

• It primarily benefits the wealthy

• It benefits only small businesses

What was a major focus during Janet Yellen's press conference regarding the tax plan?

• Individual tax cuts

• Corporate tax cuts

• Healthcare reform

• Environmental regulations

What is the general public opinion on the tax plan according to polls?

• It is seen as beneficial for the middle class

• It is unpopular and seen as benefiting the rich

• It is widely supported

• It is considered neutral with no significant impact