Speed Reads


Ron Johnson becomes first Republican senator to oppose Senate GOP tax plan

Sen. Ron Johnson (R-Wis.) is the first Republican to come out against the Senate GOP tax plan, telling The Wall Street Journal on Wednesday: "If they can pass it without me, let them. I'm not going to vote for this tax package."

Both the Senate and House tax plans cut the corporate tax rate from 35 percent to 20 percent, and Johnson said he wants the final tax package to do more to help other businesses besides corporations. "Unfortunately, neither the House nor Senate bill provide fair treatment, so I do not support either in their current versions," Johnson said in a statement. "I do, however, look forward to working with my colleagues to address the disparity so I can support the final version." A Johnson vote against the final tax package would be significant, as the Republicans have just 52 seats in the Senate.