Republicans’ Sprint to a Tax Overhaul: Public Votes, Private Talks

  • Challenges abound as plan heads for Senate action next week
  • GOP’s tight, self-imposed deadline shows need for negotiations
Bloomberg’s Sahil Kapur reports on the latest with the Republican tax-overhaul effort.(Source: Bloomberg)
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The Republican tax-overhaul effort is in for a marathon debate on the Senate floor at the end of this month, with dozens of doomed Democratic amendments. But the real action will be elsewhere, behind closed doors.

Two parallel and largely private negotiations will determine the content of the bill that’s due for a full Senate vote as early as Nov. 30: One is aimed at getting about a half-dozen wavering GOP senators on board. The other will attempt to smooth the path for a final House-Senate compromise in December.