Tax Bill Forces GOP’s Johnson To Choose Corporations or Politics

Jan. 25, 2024, 8:05 PM UTC

House Speaker Mike Johnson is hesitating scheduling a vote for a $78 billion tax deal as he weighs opposition from within his own party, the latest indication of the growing divide between Republicans and the business interests the GOP once unflinchingly championed.

The package of business breaks and an expanded child tax credit is under attack from former Vice President Mike Pence and other conservatives concerned the deal hands President Joe Biden an important election-year victory.

They’re joined by moderates from New York and other high-tax states who want any agreement to raise the state and local tax deduction cap ...

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