House panel advances tax portion of Trump agenda bill after marathon meeting
by Mychael Schnell and Tobias Burns - 05/14/25 7:58 AM ET
The House Ways and Means Committee advanced a slew of President Trump’s top tax priorities, Wednesday morning, setting the stage for a high-stakes sprint to get the provisions through the GOP’s razor-thin majority.
The panel advanced the legislation — which is part of the party’s package containing Trump’s legislative agenda — in a party-line 26-19 vote following an hours-long, overnight meeting that featured heated debate, scores of Democratic-led amendments, all of which were rejected, and ample estimates of the impact of the proposed policy.
The tax bill now heads to the House Budget Committee, which is tasked with combining all the portions of the Trump agenda bill into one package in advance of its consideration in the entire chamber.
The tax legislation, which spans 389 pages, makes the 2017 income tax rates permanent — a top priority for Trump and congressional Republicans — implements some of the president’s campaign promises including no tax on tips or overtime through 2028, and temporarily increases the child tax credit, among several other provisions.
The advancement of the measure through the House Ways and Means Committee marks a notable step in the right direction for Speaker Mike Johnson (R-La.) and for the panels’ chair Rep. Jason Smith (R-Mo.), who was tasked with crafting the centerpiece of the GOP’s “one big, beautiful bill.”
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https://thehill.com/homenews/house/5299169-trump-tax-priorities-house-gop-advance/
