BluePerspectives

Tax deal faces obstacles as crucial markup looms

The House and Senate have a number obstacles to overcome before a deal reached by top tax writing congressional committees this week can be implemented. Before the Friday markup of the bill scheduled in the House Ways and Means Committee by both chambers, lawmakers have concerns over how exactly the $70-$80 billion in tax relief…

 There are several obstacles in the House and Senate that prevent a deal reached this week by the major tax writing committees in Congress. Before the House Ways and Means Committee’s Friday markup for the bill, lawmakers in both chambers are worried about how the$ 70 to$ 80 billion in tax relief will be implemented. Major tax writing committees in Congress came to an agreement this week, but it faces a number of obstacles in the House and Senate. Legislators in both chambers are worried about how the$ 70 to$ 80 billion in tax relief will be implemented before the House Ways and Means Committee’s Friday markup. 

The House and Senate have a number obstacles to overcome before a deal reached by top tax writing congressional committees this week can be implemented. Before the Friday markup of the bill scheduled in the House Ways and Means Committee by both chambers, lawmakers have concerns over how exactly the $70-$80 billion in tax relief…

  

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