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House To Vote on GOP Tax Bills in Fall

Submitted by jhartgen@abi.org on

The House will vote this fall on up to four tax bills, including one to extend tax cuts scheduled to lapse after 2025, said Rep. Kevin Brady (R., Texas), chairman of the House Ways and Means Committee, the Wall Street Journal reported. Republicans will discuss their ideas in July and release an outline in early August, Brady said yesterday. The plan is to schedule the votes before the midterm elections, according to Brady. The bills follow last year’s revamp of the tax system and may address issues barely touched then, including retirement-savings policy, Brady said. The bills stand little chance of advancing through the Senate, where Democratic votes would be needed.

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