The tax bill

According to Senator McConnell

Monday afternoon’s vote at 3pm will be on the motion to invoke cloture on the motion to concur with the House amendment to HR 4853 with the Reid/McConnell amendment [the tax language].

A few additional points:

· As Leader Reid explained last night, Monday’s vote will be held open for quite some time as a number of Members will be in transit at that time.

· IF cloture is invoked (60 vote threshold) the next vote would occur sometime Tuesday on the motion to concur with the House amendment. That vote would require a simple majority of those present and voting.

· IF the motion to concur is agreed to the bill would then be sent to the House.

· A joint analysis of the bipartisan tax deal, compiled by the Republican Tax Staffs of the House Ways and Means Committee and the Senate Finance Committee (PDF)

· A Grassley-Camp memo from Republican tax staff (WORD DOC)

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