Senator Marco Rubio and Senator Bob Corker announced they support the latest tax plan which gives it enough votes to pass. The final vote will be on Tuesday, but at this point the decision is known.

Finishing up the discussion on the tax plan, Rubio's vote was secured by increasing the refundable tax credit from $1,100 in the original plan to $1,400. The chart below is a sensitivity analysis on the effect of the refundable child tax credit. This increase in the tax credit is exactly what I said would happen. It makes sense that Rubio would lobby for something he thinks he can get. It wouldn't make sense to have an unrealistic negotiating stance unless he didn't want to vote for it in the first place. You can tell McCain was never going to vote for the healthcare plan because he said he didn't like the entire process it was about to be passed using. I would've been able to forecast how that plan would have been voted on if he would have made his position clear before the vote.