US Dollar Higher as Budget Blueprint For Tax Reform Passed

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    Posts
  • #12758
    TradersCom
    Keymaster

    [article]299[/article]

    #12759
    ClemSnide
    Participant

    Pressure is on House to adopt the Senate budget plan rather than risk further negotiations that could delay tax measures

    #12761
    Assistanc3
    Participant

    Senate voted 51-49, with all Democrats and Republican Senator Rand Paul of Kentucky voting against it

    “We have 51 Republicans plus Rand Paul,” Sen. Lindsey Graham said earlier in the week.

    [tweet]921123564698394626[/tweet]

    #12766
    MoneyNeverSleeps
    Participant

    Does Rand ever vote with his party?

    #12767
    MoneyNeverSleeps
    Participant

    Trump tweeting this morning on the vote and Rand voting for tax cuts

    [tweet]921317883321430016[/tweet]

    [tweet]921319017826091008[/tweet]

    #13367
    TradersCom
    Keymaster

    Tax cut delayed Until 2019

    US Senator Bill Cassidy, a Republican from Louisiana says the Senate tax bill won’t lower corporate taxes until 2019. He added 7 tax brackets will remain but the top rate will be changed from 39.6%.

    Both the USD and stocks have sold off with stock indices at session lows on comments. The tax plan is expected in the next 4 to 6 hours. What time is it China?

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