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Sen. Bob Corker of Tennessee, the only GOP senator to vote against the Senate's tax legislation, announced on Friday that he would support the tax compromise that was finalized this week.

"This 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," Corker said in a statement. "But after great thought and consideration, I believe that this once-in-a-generation opportunity to make U.S. businesses domestically more productive and internationally more competitive is one we should not miss."

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