House Republicans Delay Release of Tax Bill Amid Late Disputes

  • Tax chief announces plan to ‘work through the night’ on bill
  • Ryan has promised House passage by Thanksgiving deadline
The U.S. Capitol building is reflected in a puddle at sunrise in Washington, D.C., U.S., on Wednesday, July 19, 2017. The Senate early next week will consider the motion to proceed to legislation to repeal Obamacare without finding a replacement for two years after a setback for Republicans' efforts this week to repeal and replace the bill. Senate Majority Leader McConnell said he's scheduling the vote at the request of President Trump and Vice President Pence.Photographer: Andrew Harrer/Bloomberg
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The House Ways and Means Committee postponed its planned release of a tax bill by one day, moving the release to Thursday amid unresolved questions about the timing of a corporate tax rate cut and other proposals.

While Chairman Kevin Brady said committee members were “pleased with the progress” they’ve made, the one-day delay reflects the challenge of crafting -- and then passing -- a complex bill by the Thanksgiving deadline that House Speaker Paul Ryan has imposed.