Graham: Failure 'not an option' on taxes

Graham: Failure 'not an option' on taxes
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Sen. Lindsey GrahamLindsey Olin GrahamGOP and Dems bitterly divided by immigration We are running out of time to protect Dreamers US trade deficit rises on record imports from China MORE (R-S.C.) said Sunday that “failure is not an option” when it comes to the GOP’s effort on tax reform.

“The economy needs a tax cut and the Republican Party needs to deliver, so I think we’ll get there,” Graham told CNN’s “State of the Union.”

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Graham said he believes Republicans will obtain the necessary votes to pass tax-reform legislation, which reportedly could see a vote in the upper chamber as early as Thursday.

The House earlier this month passed its own version of a tax-reform bill, which differs from the legislation currently in the Senate.

In its current form, the Senate bill would delay the cut to the corporate tax rate until 2019. 

Sen. Ron JohnsonRonald (Ron) Harold JohnsonOvernight Cybersecurity: Panel pushes agencies on dropping Kaspersky software | NC county won't pay ransom to hackers | Lawmakers sound alarm over ISIS 'cyber caliphate' GOP chairman warns of ISIS's ‘cyber caliphate’ Overnight Finance: House approves motion to go to tax conference — with drama | GOP leaders to consider Dec. 30 spending bill | Justices skeptical of ban on sports betting | Mulvaney won't fire official who sued him MORE (R-Wis.) has already come out against the Senate bill, meaning the Senate GOP can only afford one more defection.