Tuesday, September 19, 2017

Senate GOP Reaches Tentative Deal For 10 Year, $1.5 Trillion Tax Cut

Via Billy

Senate Foreign Relations Committee Chairman Bob Corker

Senate Republicans announced Tuesday that they have struck a tentative deal for sweeping tax reform, with tax cuts totaling $1.5 trillion over 10 years.

Sen. Bob Corker (R., Tenn.) informed reporters with the Wall Street Journal about the deal, but declined to provide specific numbers. The deal was reached after a Tuesday Senate Republican working lunch. Vice President Mike Pence was reportedly also in attendance.

The plan itself has not yet been written. House, Senate, and White House tax leaders are scheduled to release more information next week.

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