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Rep. Jason Smith outlines a $4.6 trillion reconciliation bill for next year, focusing on tax cuts and other Trump priorities.
Rep. Jason Smith, head of the House Ways and Means Committee, anticipates a major reconciliation bill next year covering President Trump's top priorities like tax cuts, energy, and immigration.
With a narrow 217-215 majority, Smith acknowledges the challenge in gaining agreement on key tax issues, including corporate and individual tax measures.
The bill could cost around $4.6 trillion, primarily due to extending Trump's 2017 tax cuts.
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El representante Jason Smith esboza un proyecto de ley de reconciliación de $4,6 billones para el próximo año, centrándose en los recortes de impuestos y otras prioridades de Trump.