Cruz Triumphs Over Corker in $350 Billion Overnight Tax Fight

Source: Bloomberg | December 1, 2017 | Steven T. Dennis

It just might be Ted Cruz’s biggest victory as a senator: Helping stop in its tracks a plan late Thursday night to add $350 billion in tax increases to the Senate’s tax bill to placate fellow Republican Senator Bob Corker’s worries about the deficit.

Cruz and Corker have had showdowns in the past over Cruz’s strategies to fight the Affordable Care Act. But this time, Cruz had the votes on his side.

“Fifty-one senators want to cut taxes, one is trying to raise taxes,” Cruz said in an interview outside the Capitol late Thursday night after an impassioned confrontation on the Senate floor with Corker. “That’s not right.”

Cruz said he worked overnight to defeat the Corker push.

“It was extended conversations that went on into the late hours of the night and continued early in the morning,” Cruz said. “Last night there had been a plan to include $350 billion in tax increases. I and a number of other senators had strong objections to that proposal, and that proposal did not carry the day.”

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