Need to Know
November 8, 2017 10:22 AM
Top GOP senator says election losses could complicate tax reform
Posted by Staff

The Washington Post:

Republican leaders seeking to overhaul the federal tax code faced new challenges Wednesday, including a new $74 billion hole in the House’s plan and a drubbing in Tuesday’s state and local elections that will be on members’ minds as they prepare for difficult tax votes.

Democrats won gubernatorial races in New Jersey and Virginia on Tuesday and also stood on the cusp of winning control of the Virginia House of Delegates — a setback that many are calling a wake-up call to the GOP.

But top Republican tax writers split Wednesday over whether that would make it harder for them to advance their tax bill.

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