House to vote next week on GOP tax plan

The House will vote on the GOP tax bill next week, in line with its promise to pass its version of the legislation before Thanksgiving.
 
“Millions of families are counting on us. Millions of small business owners are counting on us,” House Majority Leader Kevin McCarthy (R-Calif.) said of the bill. “The House will vote on this bill next week to deliver a win for the American people. 
 
{mosads}The bill, which was approved along party lines in the House Ways and Means Committee on Thursday, is the centerpiece of the Republican legislative agenda. 
 
But Republicans still face serious obstacles before their tax plan can be signed into law.
 
A Senate version of the plan released Thursday contained significant differences from the House version, and bridging the divide will not be easy. While the Senate also set its sights on passing a bill before Thanksgiving, that deadline is looking less realistic.
 
President Trump said he wants to sign the final law into place before Christmas.
Tags Kevin McCarthy

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed..

 

Main Area Top ↴

Testing Homepage Widget

 

Main Area Middle ↴
Main Area Bottom ↴

Most Popular

Load more

Video

See all Video