Teacher:In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Teacher: Now, understand the problem? Solve this instance: Sens. John McCain and Chuck Schumer. Alex Wong/Getty Images 
  
 Sen. John McCain announced Thursday that he would support the Senate Republican tax plan, significantly boosting the legislation's chances of passing as it speeds toward a vote in the chamber. 
  
 "After careful thought and consideration, I have decided to support the Senate tax reform bill," McCain said in a statement. "I believe this legislation, though far from perfect, would enhance American competitiveness, boost the economy, and provide long-overdue tax relief for middle-class families." 
  
 Stocks surged on Thursday amid developments surrounding the tax bill, called the Tax Cuts and Jobs Act. The Dow climbed by over 350 points at one point in the afternoon, while the Nasdaq jumped more than 60. 
  
 McCain's support was considered a toss-up because he voted against tax cuts under President George W. Bush in 2001 and 2003. 
  
 The Arizona senator had cited concerns about that bill's potential effect on the national debt, and he expressed similar ones this time. An analysis by the Joint Committee on Taxation has found that the Senate's tax bill would add roughly $1.5 trillion to the deficit over the next 10 years. 
  
 McCain was also considered a question mark because of his votes against bills to repeal the Affordable Care Act, the healthcare law known as Obamacare, introduced over the summer. 
  
 During that debate, McCain gave an impassioned speech in support of regular order in the Senate instead of the rushed process Republican leaders had used to bring the bills to the floor. 
  
 McCain said in his statement that the Senate's holding hearings about the tax bill was enough to please him. 
  
 "For months, I have called for a return to regular order, and I am pleased that this important bill was considered through the normal legislative processes, with several hearings and a thorough mark-up in the Senate Finance Committee during which more than 350 amendments were filed and 69 received a vote," McCain said. 
  
 The Senate is debating the bill and is expected to vote on it late Thursday night or Friday. 
  
 Several other GOP senators have not expressed support for the bill, citing concerns about its effect on the deficit, treatment of pass-through businesses, or proposed changes to the US healthcare system. ||||| Sen. John McCain (R-AZ) said Thursday morning that he would support his party’s tax overhaul, a huge win for Republican leaders that could help pave the way for the upper chamber to pass its bill in the next 24 hours. 
  
 “After careful thought and consideration, I have decided to support the Senate tax reform bill,” McCain said. “I believe this legislation, though far from perfect, would enhance American competitiveness, boost the economy, and provide long-overdue tax relief for middle-class families.” 
  
 The Arizona senator was one of the votes most in doubt. Whip counts shared by lobbyists in recent weeks counted him as a “no” vote. Senate Republicans need 50 of their 52 members to back the tax bill, so every vote counts. McCain had already shown during the Obamacare repeal debate that he was willing to vote down his party’s top legislative priority. 
  
 Under the Senate bill, the corporate tax rate would be slashed from 35 percent to 20 percent, and the individual tax code would be overhauled in a way that sends most of the benefits to the wealthiest Americans. McCain voted against the Bush tax cuts back in 2001 and 2003 because they disproportionately benefited the most well-off. 
  
 The bill is also undergoing significant last-minute changes, which could redirect hundreds of billions of dollars in the US economy over the next decade. Yet McCain, who has been obsessed with regular order and voted against the final Obamacare repeal bill because it was slapped together at the last minute, seems satisfied with the process that produced the Senate tax plan. 
  
 “For months, I have called for a return to regular order, and I am pleased that this important bill was considered through the normal legislative processes, with several hearings and a thorough markup in the Senate Finance Committee during which more than 350 amendments were filed and 69 received a vote,” McCain said in his statement. 
  
 The Senate is expected to vote on the tax bill by Friday. |||||
Student:
There will be no thumbs-down moment coming: Sen. John McCain on Thursday announced that he's in the "yes" camp on the GOP tax bill, a decision he says he came to "after careful thought and consideration." In a statement, McCain described the legislation as "far from perfect" but still able to "enhance American competitiveness, boost the economy, and provide long overdue tax relief for middle class families." CNBC sees the move as "increasing the plan's chances of clearing the Senate by Friday"; Vox writes "it will probably pass." Fifty of the Senate's 52 Republicans must vote yes in order for that to happen. Business Insider reports he was considered a wild card in part due to his votes against ObamaCare repeal and his comments on the related health-care bills being rushed to the floor. He addressed what he sees as the difference here: "For months, I have called for a return to regular order, and I am pleased that this important bill was considered through the normal legislative processes, with several hearings and a thorough mark-up in the Senate Finance Committee during which more than 350 amendments were filed and 69 received a vote."