Meanwhile, House conservatives continue to threaten to block any deal unless the White House agrees to include large spending cuts in any tax package. House Ways and Means Committee Republicans plan to meet late into the evening on Sunday and all day Monday to try to narrow their differences on the tax plan. On Wednesday, all House Republicans are set to meet away from the Capitol for a tax briefing — the same day that White House and GOP leaders say they intend to release a “unified” tax framework. The House Budget Committee has called for passing a tax plan that doesn’t add to the deficit, allowing the federal budget to balance by 2026. How the tax plan would treat the richest Americans remains in flux, but White House officials are leaning toward preserving the top tax bracket for individuals at the current 39.6 percent.

Source: Washington Post September 21, 2017 23:15 UTC