Senate budget committee votes to advance Republican tax plan

The votes come down on party lines 12-11

The advancement is helping to boost the dollar and stock markets. Supposedly the final bill will include some kind of trigger that raises taxes on individuals and companies if growth targets aren't hit.

So taxes will rise if growth is soft, which is just a really stupid idea.

In any case, the bill will now head to the Senate floor. It can afford 2 Republican votes against it or perhaps more because there is talk that 2 Democrats could support it.