GOP to delay release of tax bill

by
November 1, 2017

paul-ryan-budget-gty-jef-171026_16x9_992House Republicans rushing to finish a far-reaching tax cut package by Thanksgiving conceded late Tuesday that they would have to delay the release of their legislation by a day.

The GOP now says the bill will be released on Thursday as lawmakers scramble to reach a consensus on how to restructure the nation’s tax laws.

Fights over possible changes to the tax status of 401(k) retirement plans and the state and local taxes deduction are at the center of the delay.

Lobbyists chattered throughout the day over whether Wednesday’s big unveiling of the GOP tax package would have to be delayed as it became clear that lawmakers were differing over various reductions.

3 Comments - what are your thoughts?

  • jemb says:

    So, are they going to work on Thanksgiving Day? Come on, you’ve known this was coming for quite some time now, you should have been prepared to meet President Trump’s deadline. I’m beginning to think every Republican Senator needs to be replaced. Especially our Speaker of the House.

  • bobnstuff says:

    Rush, Rush, Rush! The Republicans need some kind of win so they will rush the major tax bill through. Lets hope once it hits the floor they slow down and do it right with support from both sides. If not then it will be another ACA. Major bills with only one party support only damage the country. Maybe the congress needs to remember,
    “E pluribus unum” is the official motto of the United States. It means “out of many, one” or One nation under God.

    1. chw2000 says:

      Maybe ass holes like you should remember “E pluribus unum” and stop bashing the president on everything he does. You don’t support this country you support the democrat party. You’re an ass hole!

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