HILL TAX BRIEF: Senate GOP Starts Tax Cliff Working Groups

It’s the Senate’s turn to start laying the groundwork for expiration of the 2017 tax law. On the heels of House Ways and Means Republicans setting up “tax teams” to educate members and hash out the options for next year, Senate Finance ranking member Mike Crapo (R-Idaho) has created a set of working groups for GOP members to start studying what’s up for renewal and the rest of the tax changes looming at the end of 2025.

Finance Committee member Sen. Chuck Grassley (R-Iowa) called the effort key so Republicans can hit the ground running next year.

“They’re very necessary, ...