Senate Tax Bill Reveals Key Differences With House

Senate Tax Bill Reveals Key Differences With House
(L–R) Senate Majority Leader Mitch McConnell (R-Ky.), Chairman of Senate Finance Committee Orrin Hatch (R-Utah), Secretary of the Treasury Steven Mnuchin, and Director of the National Economic Council Gary Cohn meet with members of the Senate finance committee on Capitol Hill on Nov. 9. Alex Wong/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:
WASHINGTONSenate Republicans introduced their own tax plan, which has some significant differences compared to the House version approved by the Ways and Means committee. The differences raise uncertainty about Congress’ ability to meet its year-end deadline to overhaul the U.S. tax code.
The Senate is expected to vote for the bill after Thanksgiving. If the House and the Senate pass different versions of the bill, a conference committee will draft a compromise bill that both houses can accept.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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