Republican Tax Reform Framework, but No Legislation, Reportedly Coming in September
Posted on Aug 14, 2017 in News
Sources indicate that the Trump administration expects the “Big Six” will release a short three- to five-page document in September outlining a plan for reforming the US tax code. The document will likely not be accompanied by legislation, previously targeted for September, but instead could serve to outline areas of agreement between the White House, Senate, and Congress. Neither the House Ways and Means Committee nor the Senate Finance Committee—the congressional committees charged with drafting tax reform legislation—have set a deadline for passing tax legislation. However, a White House spokesman previously stated they expect a vote before the end of November.
White House plans to release tax reform framework in September: Sources