The $79 billion tax bill the House passed by an overwhelming margin this week is likely to face a speed bump in the Senate, as Republicans vow to slow down the process and make changes to the package.
Senate Finance Chair Ron Wyden, D-Ore., who negotiated the family and business tax break deal with House Ways and Means Chairman Jason Smith, R-Mo., is pushing for the Senate to move quickly on the bill, given its potential implications for tax filing season. The House voted 357-70 to pass the bill Wednesday evening.
“I’m gonna do everything I can to get this done quickly and get a presidential signature on it,” Wyden said.
