Vice President Mike Pence will push back a planned Middle East trip as the Senate tries to pass a bill that would overhaul the U.S. tax system, his office said Thursday.
If two of the 52 Senate Republicans oppose the tax plan in a vote expected by Tuesday, Pence would need to break a tie for the legislation to pass. He is now expected to leave the United States on Tuesday, rather than a planned Saturday departure date.
“Yesterday the White House informed Senate leadership that due to the historic nature of the vote in the Senate on tax cuts for millions of Americans, the vice president would stay to preside over the vote,” Pence’s press secretary, Alyssa Farah, said in a statement. “The vice president will then travel to Egypt and Israel where he’ll reaffirm the United States’ commitment to its allies in the Middle East and to working cooperatively to defeat radicalism.”
Republicans do not expect to need Pence’s vote, but he wants to see the legislation through its passage, a White House official told NBC News.
via CNBC
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.