At a closed-door meeting with big money GOP donors, Senator Ted Cruz (R-TX) warned the Republican Party will sustain major losses in 2018 if they fail to enact President Trump’s ‘Make America Great Again’ agenda.

CBS News reports:

“If we do nothing, if tax reform crashes and burns, if Obamacare nothing happens, we could face a bloodbath. I think we have the potential of seeing a Watergate-style blowout,” the Texas Republican said at a Koch brothers donors meeting at the St. Regis Hotel in New York. Sen. David Perdue, R-Georgia, echoed that same concern: “If we fail right now to deliver a meaningful tax package that stimulates the economy… if we don’t get that done, we’ll be the minority party for the next 50 years to 100 years just like we’ve been for the last 100 years …” There are 34 Senate seats up in 2018, of which 25 are held by Democrats. They would need to win three more seats in order to win control of the upper chamber. TRENDING: Black Lives Matter Activist Wearing 'Justice for Breonna Taylor' Shirt Walked into a Louisville Bar and Murdered Three People Vice President Mike Pence is scheduled to speak to the group Friday afternoon.

President Trump is touting his once in a generation tax proposal, but RINOs like Senator John McCain (R-AZ) could kill the bill.

It’s no secret Senator John McCain is against President Trump’s MAGA agenda. McCain enthusiastically voted against a bill which would have killed Obamacare. Who can forget the “thumbs down,” seen across the U.S.? A new opinion piece says McCain’s history on tax policy suggests the Arizona lawmaker could thwart President Trump’s plan to drastically cut taxes.

Washington Post reports:

Arizona Republican, who is fighting a public battle with brain cancer, will be among his party’s most closely watched as the year winds down and the tax debate gears up. Yet over his decades in public life, McCain has traced a zigzagging line on the subject,leaving little clear indication of how he’ll approach a potentially decisive vote. A look at the senator’s record on taxes shows that three things seem most important to him: public debate, some help for the middle class, and not exploding the deficit. […]On tax policy itself, McCain has proved a moving target. He opposed the 2001 Bush tax cuts — one of only two Republicans to do so — citing what he called the bill’s lopsided benefits for the wealthy. “I cannot in good conscience support a tax cut in which so many of the benefits go to the most fortunate among us, at the expense of middle-class Americans who most need tax relief,” he said. Two years later, he was one of only three Republicans to vote against the next round of Bush cuts, again citing its skew toward the rich but also the deficit impact of another round of breaks as the country faced mounting war bills. […]More recently, McCain sounded more like his trustbusting political hero, Teddy Roosevelt, when he confronted Apple’s tax-dodging strategies. In a 2013 hearing, he joined with then-Sen. Carl Levin (D-Mich.) in criticizing chief executive Tim Cook. “U.S. corporations cannot continue to avoid paying their appropriate share in taxes,” McCain told the tech honcho. “Our military can’t afford it. Our economy cannot endure it. And the American people will not tolerate it.”

Click here to read the full report.

McCain shooting down the best chance the GOP has to repeal Obamacare must not be forgotten when considering President Trump’s efforts to get tax reform done.