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House GOP delays tax overhaul plan

5 years 4 weeks 2 days ago Tuesday, October 31 2017 Oct 31, 2017 October 31, 2017 8:27 PM October 31, 2017 in News
Source: Associated Press
WASHINGTON - House Republicans are delaying their rollout of a tax plan until Thursday amid a struggle to finalize details.
That's the word from a senior GOP aide late Tuesday night. The aide spoke on condition of anonymity because the individual was not allowed to publicly discuss the schedule.
The tax-writing Ways and Means Committee was working throughout the day and evening to produce a sweeping plan, the first overhaul of the nation's tax code in three decades.
Although they have settled on some details - such as a cut in the corporate tax rate and maintaining the top personal income tax rate for the wealthy - other elements still have to be resolved.
President Donald Trump has intensified his lobbying for the tax overhaul plan.

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