Tax Reform Coming

Here we go. Let’s hope they can get a good tax reform package passed.

Speaker Paul Ryan (R-Wis.) detailed the House’s timeline on tax reform Tuesday, saying Republicans will pass the Senate budget on Thursday, unveil their long-awaited tax reform legislation next week and send the bill to the Senate before Thanksgiving.

The Speaker laid out that ambitious timeline during a closed-door meeting of House Republicans in the basement of the Capitol, according to sources in the room.

House GOP leaders have decided to take up the fiscal 2018 budget resolution that the Senate passed last week. Approving that budget will allow Republicans to fast-track their tax-reform plan without needing to secure any Democratic votes in the Senate.