Senate releases tax bill text ahead of 'unusually fast' vote

Source: The Boston Globe




By Sahil Kapur BLOOMBERG NEWS NOVEMBER 22, 2017

WASHINGTON — The Senate released the 515-page text of its sweeping tax legislation for the first time Monday evening — and Republican leaders plan to hold a floor vote on it within 10 days.

That short span reflects an unusually fast process in both chambers, said William Galston, a senior fellow in governance studies at the Brookings Institution, a Washington-based policy group. The House passed its tax bill 14 days after releasing its text.

“?‘Unusually fast’ understates how remarkable this legislative process is,” Galston said. “One reason these bills are going through so quickly is they’re primarily about tax cuts and only secondarily about tax reform.”

The last time that Congress rewrote the tax code, in 1986, “the actual legislative deliberations over the bill stretched out over months — and it was a good thing,” he said.



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