House and Senate Republicans Clash Over Trump's Tax Cut Plan
House and Senate Republicans are at odds over how to advance President Trump's tax cut plan via the budget reconciliation process, with the Senate pushing for permanent tax cuts while the House aims to extend them before they expire in 2025.
Key Points
- House Republicans aim to extend 2017 Tax Cuts and Jobs Act before it expires in 2025
- Senate Republicans want to make the tax cuts permanent
- Republicans dealing with narrow margins in both chambers
Pros
- Efforts to advance Trump's tax cut plan
- Working towards making tax cuts permanent
Cons
- Disagreement between House and Senate Republicans
- Razor-thin margins in both chambers