"Really common sense tells you that this (Trump's new tax cut
plan) is something, that as the Republicans retain the House and
the Senate, that will advance in the new Congress,"
Representative Kevin Brady said on Fox News.
Brady was discussing a new 10 percent middle-class tax cut
proposal that Trump began touting earlier this month.
Brady did not completely rule out that such a measure could be
brought to a vote before year's end, but said the session of the
outgoing Congress which begins in mid-November is "so
unpredictable." Brady spoke on "Sunday Morning Futures."
Trump's new 10 percent tax plan is widely seen by lobbyists as
only the latest Republican campaign messaging exercise on taxes.
All 435 U.S. House members and one-third of the Senate are
running for re-election in the Nov. 6 elections.
The Republican-controlled House also passed a “Tax Reform 2.0”
bill with individual tax cuts last month, before leaving
Washington to campaign for re-election.
That bill, which would make permanent individual tax cuts from
Trump’s 2017 tax overhaul, has not passed the Senate, where
Republicans have a narrow 51-49 majority. Brady said Sunday he
thought Senate passage of that legislation, too, depended on the
outcome of voting on Nov. 6.
(Reporting by Susan Cornwell; Editing by Andrea Ricci)
[© 2018 Thomson Reuters. All rights
reserved.] Copyright 2018 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
![](column_spacer.png)
|
|