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Sen. Corker is last GOP holdout on tax bill

FILE-In this Oct. 25, 2017 file photo, Senate Foreign Relations Committee Chairman Bob Corker, R-Tenn., talks to reporters as he returns to his office from a vote, on Capitol Hill in Washington. Taking on a crowd of jeering union workers, standing up to a charismatic Democratic opponent on his home turf or lecturing upper management of one of the world's largest corporations, Tennessee Sen. Bob Corker has rarely backed down from a fight. (AP Photo/J. Scott Applewhite, File)

Tennessee Sen. Bob Corker has become the only Republican senator to say he will vote against his party's $1.4 trillion tax bill.

"This is yet another tough vote," Corker said in a news release. "I am disappointed. I wanted to get to yes. But at the end of the day, I am not able to cast aside my fiscal concerns and vote for legislation that I believe, based on the information I currently have, could deepen the debt burden on future generations."

His decision won't affect the measure's fate. GOP leaders have already said they have enough votes to push the legislation through the Senate in a vote they hope will come later Friday.

Corker's decision is not a surprise. He had expressed concerns that the measure would add more red ink to the government's $20 trillion in accumulated debt. He said Friday he doesn't want to burden future generations.

“While I support a number of the provisions included in this legislation and continue to believe it would have been fairly easy to alter the bill in a way that would have been more fiscally sound without harming the pro-growth policies, unfortunately, it is clear that the caucus is in a different place," Corker said.

Corker has broken openly with President Donald Trump, questioning his stability and warning he might cause World War III.

Corker says he told Trump of his decision, and isn't ruling out backing a compromise House-Senate tax bill.

"“I thank the administration, Senate leadership, and members of the tax-writing committee for working with me in good faith," Corker said. "As I shared with President Trump when I called him a short time ago, I will take a close look at the product developed in conference before making a decision on the final legislation.”

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