House Panel Passes GOP’s Tax Package

The House Ways and Means Committee on Wednesday morning approved the tax package portion of Republicans’ reconciliation legislation.

Following a marathon hearing, approval came 26-19 along party lines after Democrats attempted to rewrite the plan with such things as blocking tax cuts for top earners and preserving green energy incentives.

The bill now moves on to the chamber’s Budget Committee, which will combine it with spending-cut legislation from other committees, Politico reported. That will lead to a floor vote.

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