House Conservatives Say Tax Bill Draft Is Coming Within Days
- Hatch says Senate goal is to produce plan in 2 to 3 weeks
- Timeline emerges as Senate leader seeks clarity from Trump
U.S. Lawmakers Say Tax Bill Draft Coming Soon
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House and Senate leaders laid out an ambitious schedule for drafting and releasing tax legislation over the next few weeks -- a set of deadlines that must be met to try to achieve President Donald Trump’s goal of delivering major tax-rate cuts by year’s end.
House Freedom Caucus Chairman Mark Meadows said Monday he’s been promised that the House Ways and Means Committee will release its plan about seven days after this Thursday’s scheduled vote on a budget resolution. That would mean a bill text would be published on or before Friday, Nov. 3.