Graham: Ryan tax plan won’t get 10 votes in the Senate

Graham: Ryan tax plan won’t get 10 votes in the Senate
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Sen. Lindsey GrahamLindsey Olin GrahamCIA's report complicates US response to Khashoggi murder Leon Panetta’s nightmare is today's national security crisis The Hill's Morning Report — GOP victorious in Florida while Dems say `Sunbelt strategy’ looks bright for 2020 MORE (R-S.C.) says the House GOP tax plan that Speaker Paul RyanPaul Davis RyanPaul Ryan defends Navy admiral after Trump's criticism On The Money: Senate banking panel showcases 2020 Dems | Koch groups urge Congress not to renew tax breaks | Dow down nearly 400 | Cuomo defends Amazon HQ2 deal Koch groups: Congress shouldn't renew expired tax breaks MORE (R-Wis.) tried to sell to Senate Republicans won’t get 10 votes in the upper chamber. 

If Graham is correct, it’ll be a blow for Ryan and House Ways and Means Committee Chairman Kevin BradyKevin Patrick BradyKoch groups: Congress shouldn't renew expired tax breaks GOP lawmaker pushes back on Trump drug pricing proposal Tax law failed to save GOP majority MORE (R-Texas), who are pushing a 20 percent across-the-board tax increase on imports to pay for comprehensive tax reform.

The idea has run into staunch resistance in the Senate, which bodes ill for President Trump’s hopes of passing tax reform this year. 

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“The Congress is stumbling. Republicans in the Congress — we’re all tied up in knots,” Graham told CBS’s “Face the Nation” in an interview Sunday. “The House is talking about a tax plan that won’t get 10 votes in the Senate.”

Ryan told Senate Republicans to “keep your powder dry” and not criticize the House tax proposal until they learn more about it, according to a GOP senator who met with Ryan at lunch Tuesday.

Ryan argued that the $1.2 trillion in projected revenues raised by the border adjustment tax would be used to keep the broader tax reform package deficit-neutral, something he said would be essential to getting it passed through both chambers.

Sen. David Perdue (R-Ga.), the former CEO of Dollar General and Reebok, has led opposition to the proposal, which he described in a recent letter to colleagues as “regressive” and a plan that “hammers consumers.”

Republicans from agriculture-dependent states are worried about retaliatory tariffs if the United States raises taxes on imports. 

Sen. Cory GardnerCory Scott GardnerMcConnell, Flake clash over protecting Mueller probe Election Countdown: Florida Senate race heads to hand recount | Dem flips Maine House seat | New 2020 trend - the 'friend-raiser' | Ad war intensifies in Mississippi runoff | Blue wave batters California GOP Trump, California battle over climate and cause of fires MORE (R-Colo.) said a border adjustment tax will hit farmers hard.

“If you were to go to a farmer and say what does a border adjustment tax mean to you, they might try to sell the farm right then,” he said.