GOP lawmakers struggle to close gaps in tax plan
The Treasury Department said the tax plan currently before Congress would need an assist from other Trump administration priorities to pay for itself.
By BERNIE BECKER, AARON LORENZO and SEUNG MIN KIM | 12/11/2017 11:48 AM EST | Updated 12/11/2017 10:24 PM EST
Top congressional Republicans, racing to hammer out a final tax agreement by the end of the week, have yet to make any breakthroughs on a range of key issues. House and Senate negotiators bounced proposals back and forth over the weekend, but said Monday that they still had to find compromises on where to set the corporate tax rate, how to treat millions of businesses that aren’t set up as corporations and how much of a deduction to allow for state and local taxes. Read more...