House, Senate GOP battle over length of Trump tax cut extension
Taxes,Tax Cuts,House Republicans,Senate Republicans
House Republicans are pushing back on Senate GOP negotiators over how long to extend President-elect Trump’s tax cuts, which are due to expire at the end of 2025.
Sources familiar with the early discussions between Senate and House Republicans say the House GOP is floating the idea of a four-year extension of the law so that its impact on the federal deficit, as determined by the Joint Committee on Taxation, won’t give House conservatives sticker shock.
Sources familiar with the closely held talks emphasize they are fluid and nothing has been decided yet.
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