Nine GOP Senators Still Wavering on Tax Overhaul

Nine GOP Senators Still Wavering on Tax Overhaul

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses a recent Senate victory for Republicans, highlighting the challenges of passing a bill with wavering senators. Concerns about the national debt and a proposed revenue trigger are raised, which could impact long-term business planning and potentially trigger during a recession. Additionally, there are concerns that current proposals do not adequately support small businesses, potentially increasing program costs.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the automatic trigger for tax increases in the context of the Senate bill?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of triggering tax increases during a recession?

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