House Republicans to unveil their tax proposal Thursday after one-day delay

(Image credit: Alex Wong/Getty Images)

published 2 November 2017

House Ways and Means Committee Chairman Kevin Brady (R-Texas) said Republicans will "definitely" release their tax bill on Thursday, "no question," after postponing its release to wrangle with other Republicans over issues like whether to scrap deductions for state and local taxes. A last-minute tweak they made to the bill left them hundreds of billions of dollars short, Politico reports, and they had to find revenue elsewhere in the bill to make up for that, and President Trump suggested on Twitter that the bill try to dismantle the individual mandate in the Affordable Care Act. Republicans are also reportedly arguing over what to call the bill, with Trump pushing for "The Cut Cut Cut Act." Tax cuts are the GOP's No. 1 legislative priority, and the White House warned Brady that the bill has to be released before Trump leaves for Asia on Friday.

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Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.