Senate Republicans unveiled their version of a budget resolution to set up tax reform Wednesday afternoon, with significantly different deficit instructions than the House. While the discrepancy is “very unusual,” what stands out to one practitioner is the seeming consensus among Republicans in both chambers over what the tax provisions “should look like.”
“If you look at the tax provisions in a vacuum,” said Lisa Wolski of Washington Council Ernst & Young, “it doesn’t seem like there’s a lot of disagreement.” They want to extend most Tax Cuts and Jobs Act expiring and expired provisions and put into place “some or all of President Trump’s campaign promises,” Wolski told Checkpoint.
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