Senate Will Only Release a ‘Conceptual’ Tax Proposal Thursday, Aide Says
This article is for subscribers only.
The House tax-writing committee entered its third day of work Wednesday to hammer out the details of the Republican tax cut plan. Here are the latest developments, updated throughout the day:
The tax proposal released on Thursday will be a “conceptual mark,” instead of detailed legislative text, Julia Lawless, a spokeswoman for the Senate Finance Committee, said in an emailed statement. The legislation will be debated and examined as a narrative, rather than actual bill text to allow for more “fulsome and engaged discussion,” the statement said.