“With a bit of a mind flip.” In an effort to mollify House Republicans from states such as California and New York, Ways & Means Committee Chair Kevin Brady says his soon-to-be released tax bill will preserve the deduction for property taxes.
The House approved the Senate budget resolution yesterday. By a vote of 216 to 212, the House cleared the Senate’s $4 trillion fiscal blueprint that advances the GOP’s effort to transform the tax code.
Hill Republicans seem fearless on taxes. As President Trump’s relations with Hill Republicans worsen, congressional tax-writers hint they may be willing to ignore at least some White House tax policy wishes.
Hill Republicans seem fearless on taxes. As President Trump’s relations with Hill Republicans worsen, congressional tax-writers hint they may be willing to ignore at least some White House tax policy wishes.
A House tax bill: Public after Halloween and passed by Thanksgiving. That’s the plan, according to Speaker Paul Ryan and Ways & Means Chair Kevin Brady.
The House will vote on the Senate budget resolution on Thursday. Under pressure from President Trump and business interests, the House will consider adopting the Senate version without a conference committee to work out differences.
A tax bill on The Resolute. Administration aides continue to walk back President Trump’s recent suggestions that a tax bill may not be completed until 2018.
