Sen. John McCain (R-Ariz.) provided his Republican colleagues in Congress a needed boost on Thursday by announcing that he will support the party's massive tax reform bill.
In a statement, McCain called the tax cut bill “far from perfect” but argued that it “would enhance American competitiveness, boost the economy, and provide long overdue tax relief for middle class families.”
“For too long, hardworking people in Arizona and around the country have not seen a raise in their paychecks. This bill would directly benefit all Americans, allowing them to keep a higher percentage of what they earn,” McCain added.
“This is not a perfect bill, but it is one that would deliver much-needed reform to our tax code, grow the economy, and help Americans keep more of their hard-earned money.”
Prior to Thursday's news, McCain's support had remained one of the toss-ups among the few Republicans who could swing the vote.
Earlier in the year, the Arizona senator infamously tanked his party's efforts to repeal and replace Obamacare in dramatic fashion.
He also handed Sens. Lindsey Graham (R-S.C.) and Bill Cassidy's (R-La.) health care reform plan a final blow when he announced he couldn't “in good conscience” back their effort back in September.
According to reports, the Senate is expected to vote on the historic tax package by the end of this week, and since only three “no” votes by Republicans would kill the bill, McCain's support is a big win.