Update: Rand Paul attempted to clarify his comments by tweeting:
Tax cuts – people keeping more of their money – are never the problem. The problem is spending. We should obey our rules, stop the deficit spending, and shrink government.
But that seemed to have sparked more selling as it suggests that any bill that increases the deficit is “no” for Paul and thus with reconciliation likely to leave doubts over the debt outcome, Paul may have become a ‘no’ on the tax bill.
This post was published at Zero Hedge on Dec 12, 2017.