Skip to main content

First it was repeal and replace…

…And now it’s tax reform.

In a development that is shocking to exactly no one, Politicoreports that tax reform discussions aren’t going very smoothly for our Republican friends. Just one week from their self-imposed, arbitrary deadline to put forward a plan, the main architects of that plan can’t seem to find agreement. Take a look:

“The ‘Big Six’ are deeply divided over how to rewrite the tax code, including how to finance long-promised cuts in individual and corporate rates.”

“Though House Republicans are promising to release a plan the week of Sept. 25, the top congressional and administration negotiators remain at loggerheads over a number of items, including plans to reduce a deduction for state and local taxes, as well as one for corporate interest expenses.”

“‘Right now, the Senate and the House are pretty far apart,’ said one Republican aide. ‘There’s serious frustration.’”

“Senate Finance Chairman Orrin Hatch (R-Utah), himself a member of the Big Six, fired a warning shot Thursday, saying his panel will not be a ‘rubber stamp’ for whatever is proposed.”

“In a sign of the tensions, Hatch signaled Thursday that he would treat the long-promised tax framework only as a guidepost — not necessarily a binding commitment.

Issues: