Republican National Committee chairwoman Ronna Romney McDaniel said Sunday a big dip in the stock market is “a legitimate concern” if Congress doesn’t push through comprehensive tax reform legislation.
“Yes, I think that’s a legitimate concern,” McDaniel told John Catsimatidis during a “The Cats Roundtable” interview aired on New York’s AM 970 when asked about fears “there will be a reversal” of Wall Street’s solid performance in 2017 if individual and corporate taxes are not decreased.
But after the House passed its version of the Tax Cut and Jobs Act, McDaniel said she was hopeful the GOP’s 52 members in the upper chamber would come together “to get this done.”
“You have seen some of the senators come forward on details that they’d like to see changed – Ron Johnson and Susan Collins – and we have had a hard time with the healthcare repeal and replace,” McDaniel said. “But I do think ultimately Republicans are going to come together.”
“It would be nice if we could get some Democrats to come across the aisle,” she added.
McDaniel also said “Alabama voters are going to have to be the judge and jury” on Republican Senate candidate Roy Moore.
The RNC pulled resources supporting his race ahead of a Dec. 12 special election following allegations of sexual misconduct that he has denied.
“Roy Moore cannot be replaced on the ballot. He is the candidate,” McDaniel said. “The Alabama party has stood by that.”
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