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Backed by Kudlow, GOP Dares Democrats With ‘Phase Two’ of Tax Cuts

  • Republicans embark on push to make individual breaks permanent
  • Effort may be ‘symbolic election-year standard,’ analyst says
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Rep. Scalise on PA Election, Taxes and Gun Violence

Republicans are looking to act a lot faster than originally expected to keep the new individual tax cuts from expiring in 2025, daring Democrats to put up a roadblock during a congressional election year.

Incoming White House economic adviser Larry Kudlow added momentum to the effort by calling this week for a “phase two” of the tax cuts to make breaks for individual taxpayers permanent. The undertaking was first suggested by President Donald Trump during a GOP retreat in West Virginia last month, joking with House Ways and Means Chairman Kevin Brady that he wanted to get rates even lower.