House GOP Leaders Face Internal Opposition Over Bipartisan Tax Bill
Despite pushback from hard-line conservatives and Northeastern moderates, the bill is expected to come up for a vote next week under a fast-track process.
- House GOP leaders are facing opposition from within their own ranks over a bipartisan tax bill that would reduce business taxes and expand the child tax credit.
- Hard-line conservatives and Northeastern moderates are expressing frustration over the bill, with conservatives criticizing the bill for not going far enough and moderates upset that the state and local tax (SALT) credit was not included.
- Despite the internal opposition, the bill is expected to come up for a vote next week under a fast-track process, which would bypass procedural steps and require a two-thirds majority for passage.
- House Speaker Mike Johnson and Ways & Means Chairman Jason Smith are pushing for the bill to be passed, despite the pushback from their own party members.
- The bill has received approval from Senate Majority Leader Chuck Schumer and the White House, which could pose a political risk for Republicans who are reluctant to give President Biden any wins in an election year.