Top House Republican sounds alarm: Senate could blow chance to pass Trump tax plan
Raw StoryA key House Republican is already challenging incoming Senate Majority Leader John Thune, warning that his strategy risks blowing Republicans' best chance to pass President-elect Donald Trump's tax bill, reported NBC News. This comes a week after reports that Thune wants to split the budget reconciliation process into two parts: one bill to pass an immigration and energy package, and a second later to deal with taxes. According to the report, Rep. Jason Smith, who chairs the Ways and Means Committee and is in charge of writing tax legislation, "is warning fellow Republicans against breaking the agenda up into two bills, in which border security and energy policy would come in the first and an extension of Trump's 2017 tax cut law could come in the second. President Joe Biden used the same process to pass two of his landmark bills: the pandemic stimulus package known as the American Rescue Plan, and a sweeping health care and energy investment bill called the Inflation Reduction Act.