GOP Faces Headwinds for Second Big Tax Bill

“House Republican leaders face powerful headwinds as they return to Washington to push for a second major tax and spending bill this year designed to meet fiscal conservatives’ demands for deeper federal budget cuts,” Bloomberg reports.

“The new GOP legislative drive, still in the early stages, lacks the urgency that the year-end expiration of 2017 tax cuts provided to speed President Donald Trump’s signature tax and spending law, and party leaders already stretched the limit of available sweeteners in that struggle to win over wavering swing-district lawmakers.”