Senate GOP fears landmines in House could derail Trump’s tax agenda
Politics,US Senate,Senate Republicans,Donald Trump,Corporate Taxes
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to lift the cap on state and local tax (SALT) deductions.
Senators worry that if one or two House Republicans insist on raising corporate taxes to cut the deficit and a few others insist on substantially raising the cap on SALT deductions, Trump’s broader $4.5 trillion tax initiative may stall.
Speaker Mike Johnson (R-La.) has argued that he’ll have more leverage over potential rebels in his conference if he combines the tax package with legislation to secure the southern border, which has overwhelming support among Republicans in both chambers.
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