House GOP Eyes Scaled Back Tax Cut

“House GOP tax writers are eyeing a scaled-back $4 trillion tax cut amid concerns their colleagues will not be able to come up with the full slate of spending cuts required under their budget plan,” Politico reports.

“Nothing is final, and Republicans are still hoping for a full $4.5 trillion tax cut, but they’re making contingency plans as colleagues struggle to find agreement on how to cut Medicaid and a slew of other government initiatives.”