The House and Senate are both working on tax reformThe House GOP bill overhauling the tax system scales back the number of tax brackets, cuts the corporate tax rate to 20%, aims to simplify the code and eliminate many tax breaks. In the Senate, Republicans will begin marking up their tax plan in the finance committee, a process that is expected to take several days. But with a slim margin of control of the chamber, a major tax vote, and other year-end measures coming up, he could stay and maintain that he could keep his seat during an appeals process. The House will vote next week on an annual defense authorization bill. The bill, finalized by House and Senate negotiators last week, would authorize defense spending that exceeds federally mandated budget caps.
Source: CNN November 13, 2017 11:15 UTC