With Rubio, Corker Back on Board, G.O.P. Speeds Ahead With Tax Plan

In a tweet on Friday, Mr. Rubio called it “a solid step” and suggested he would now vote for the bill.

The move to satisfy Mr. Rubio appears to have been financed, at least in part, by reducing the ability of higher earners to take the $2,000 per child tax credit. The Senate bill lowers the income cap for families who could claim the credit by phasing out the benefits of the credit once families earn $400,000 a year, down from the $500,000 in the original Senate bill.

Mr. Corker, a longtime deficit hawk, said he was swayed to support the bill as the result of “many conversations over the past several days with individuals from both sides of the aisle across Tennessee and around the country.” Mr. Corker said the bill “is far from perfect, and left to my own accord, we would have reached bipartisan consensus on legislation that avoided any chance of adding to the deficit and far less would have been done on the individual side with items that do not generate economic growth.”

New details from the text, shared with The New York Times on Friday, reveal that lawmakers offset other last-minute changes to the bill — such as eliminating the corporate alternative minimum tax and lowering the top individual tax rate to 37 percent from 39.6 percent today — through slight adjustments, not sweeping changes. And it was still unclear how they were going to pay for the entire package, which can add no more than $1.5 trillion to the deficit if it is to pass without Democrat support.

The bill’s text, which was signed by Republican negotiators from the chambers’ conference committee on Friday, includes few major changes from…

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