Senate GOP reveals different approach on tax reform
By Alexander Bolton and Jordain Carney - 11/09/17 02:21 PM EST
Senate Republicans revealed their own version of tax reform legislation on Thursday, breaking with President Trump by offering a one-year delay to the corporate tax cut, and with House Republicans by completely repealing a deduction for state and local taxes.
The differences likely sets up a difficult conference negotiation between the chambers later in the year, assuming Senate Majority Leader Mitch McConnell (R-Ky.) can round up enough votes to pass the legislation — an uncertain prospect at this point.
The Senate Finance Committee unveiled details of the legislation to rank-and-file Senate GOP colleagues during a special morning meeting in the Senate’s Strom Thurmond Room.
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http://thehill.com/homenews/senate/359625-senate-gop-reveals-different-approach-on-tax-reform
