Economics
Tax Plan Has Lobbyists Swarming, Lawmakers Asking What’s in It
- Interest deductions, minimum foreign tax may draw attention
- House Ways and Means members still in dark about tax details
White House's Hassett Makes the Case for Tax Reform
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Republicans are barreling into a lobbying frenzy next week, when House Ways and Means Chairman Kevin Brady plans to unveil a sweeping tax bill to remake the U.S. economy that’s being crafted with rigorous secrecy.
The stage was set with the House’s adoption Thursday of a budget resolution designed to speed the course of tax legislation and kick off a three-week sprint toward a House bill. Now, lobbyists representing every corner of the economy are poised to first devour, then attack what may be hundreds of pages of legislation that Brady says he’ll release Nov. 1.