GOP heads into key stretch for ambitious Trump tax cut plan
Republicans on Capitol Hill are staring down a key three-week stretch in their effort to enact President Trump’s ambitious tax agenda, with hopes that the House will be able to advance a compromise budget resolution at its conclusion to keep pace with the party’s aggressive timeline.
Senate Republicans last month adopted a budget resolution for their two-track strategy to advance Trump’s legislative agenda, moving ahead with an initial package that included funding for border and defense needs. Days later, the House GOP approved its framework for “one big, beautiful bill” full of Trump’s domestic policy priorities — including tax cuts — putting the two chambers on a collision course.
Since then, top lawmakers have been working across the Capitol to reconcile the two blueprints, discussing a number of key details, including how to make Trump’s 2017 tax cuts permanent.
Those conversations are expected to come to a head over the next three weeks.
Republicans are attempting to move large pieces of Trump’s agenda through a process known as reconciliation, which bypasses the Senate filibuster but must meet specific criteria. The budget resolution lays out the parameters for an eventual final bill.
Speaker Mike Johnson (R-La.) indicated that the upcoming stretch would be pivotal for the process.
“When we get back, this will begin in earnest,” Johnson told reporters earlier this month, before breaking for a weeklong recess. “We’ll have leaders and lieutenants, committee chairs of jurisdiction in both chambers working together to begin that process to finish up the resolution and move forward with budget reconciliation.”
The matter currently resides in the Senate, where Republicans will work to amend and hammer out changes to the House’s budget resolution. The goal is to allow the lower chamber to vote on a compromise version before the end of the work period, with the Senate to follow after the next........
© The Hill
