The Republican Party’s mad dash to “bring joy and cash to the Kochs” and their billionaire compatriots hit a wall late Thursday as GOP senators spent the night they intended to vote on their $1.5 trillion tax cut desperately scrambling to find ways to reduce their bill’s incredible deficit impact by inserting a “trigger” that would either hike taxes or slash spending.

Ultimately, the chaos forced the GOP to delay its planned vote; another round of debate and a final vote is expected on Friday.

“The Senate is literally still writing this bill as they prepare for a vote on it.”
—Ali Rogin, ABC News

An analysis by the nonpartisan Joint Committee on Taxation (JCT) unveiled just hours before Senators took to the floor found that the GOP plan would blow a $1 trillion hole in the deficit—and, contrary to Republican promises, the study found that this cost would not be offset by economic growth.

Sen. Bernie Sanders (I-Vt.) and others have warned that the GOP may ultimately look to use the ballooning deficit as a justification to impose draconian cuts on Medicare, Medicaid, and Social Security.

The JCT’s findings appeared to intensify concerns of the so-called “deficit hawks”—principally Sens. Bob Corker (R-Tenn.) and Jeff Flake (R-Ariz.)—sparking unanticipated chaos on the Senate floor that eventually devolved into what tax analyst Chad Bolt described as a “complete shit show.”

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