Heated debate over tax bill drags on in Ways and Means

Ways and Means Markup Continues

The House Ways and Means Committee could vote as soon as Wednesday to advance Republicans’ signature fiscal policy after hours of heated debate on their $3.8 trillion package of tax cuts, which the GOP claimed was necessary to juice the economy and help working- and middle-class taxpayers.

Republicans overnight defended their legislation from two dozen Democratic amendments aimed at highlighting the bill’s benefits tilted toward the wealthy. Failed amendments would have ended President Donald Trump’s tariffs, hiked taxes on millionaires and billionaires, extended health insurance premium subsidies and the child tax credit, and preserved fees ...