Next week: House, Senate move on tax reform


(Worthy News) – House and Senate Republicans will take up separate tax reform proposals next week as they race to complete legislation by the end of the year.

The Senate kicks off its tax reform effort on Monday when it begins marking up the Tax Cuts and Jobs Act, which would provide $1.5 trillion in tax savings by cutting individual, small business and corporate tax rates.

Senate Republicans unveiled their proposal on Thursday to generally positive reviews from GOP lawmakers, although many complained that the plan delayed the corporate tax rate until 2019. Senate Finance Committee Chairman Orrin Hatch, R-Utah, suggested the legislation may change in his committee next week as lawmaker mark up the bill. [ Source: Washington Examiner (Read More…) ]

18
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X
Join the Truth Social discussion

Latest Worthy News

Europe Heatwave Kills More Than 1,300 As Records Tumble Across Continent (Worthy News In-Depth)
George and Alex Soros Pour $102.8 Million Into 2026 Midterms, Report Says
Newsom Calls for National Billionaires’ Tax, Federal Stake in AI Companies
Trump Religious Liberty Commission Urges Stronger Protections for Faith in Schools, Workplaces
FBI Says 7,200 Children Rescued From Traffickers and Predators Under Trump Administration
Netanyahu Hails Israel-Lebanon Framework as ‘Historic Achievement,’ Says Deal Deals Blow to Iran and Hezbollah
UK Inquiry Alleges Predominantly Muslim Grooming Gangs Exploited Children for Decades as Authorities Failed to Act
Trump Warns Iran It May ‘No Longer Exist’ After U.S. Strikes Missile, Drone Sites
Hamas Crushes Planned Gaza Protests Calling for End to Terror Group’s Rule
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News