Tax Reform Debate Update: 12/15/2017

Dec 15, 2017 - 9:45am

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The Internal Revenue Service headquarters in Washington, D.C.
The Internal Revenue Service headquarters in Washington, D.C.

Here is your daily round-up of news and analysis as tax reform moves through Congress.

In the news

Roll Call: “GOP in Home Stretch on Tax Bill, Eyeing Senate Attendance

Republicans on Thursday were putting the final touches on their tax code overhaul ahead of likely votes next week, but potential pitfalls remain, including health-related absences or new opposition by key senators.

House and Senate GOP tax writers expect to unveil a conference agreement Friday, followed by votes as soon as Monday in the Senate and potentially Tuesday in the House. Senate Majority Whip John Cornyn, R-Texas, said Wednesday that Republicans were still on track to take it up Monday.

House Ways and Means Chairman Kevin Brady, R-Texas, told reporters he expects to make the conference report available for signatures between 10 a.m. and 12 p.m. Friday, with public release “later in the day.”

Roll Call: “Pence Delays Trip to Preside Over Senate Tax Vote

Vice President Mike Pence will remain in Washington next week to preside over the Senate’s vote on the Republican tax overhaul bill, his chief spokeswoman said, a signal GOP leaders expect to thread the needle.

“Yesterday the White House informed Senate Leadership that due to the historic nature of the vote in the Senate on tax cuts for millions of Americans, the VP would stay to preside over the vote,” Alyssa Farah, Pence’s press secretary, said in a statement.

Tell Congress: The time for tax reform is now.

 
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