Last week, Paul Ryan announced that an outline of the Republican tax reform plan is expected to be released by the so-called “Big 6” group of negotiators the week of September 25th. The group, represented by Secretary of the Treasury Steven Mnuchin and NEC Director Gary Cohn of the Trump Administration, Speaker Paul Ryan, Ways and Means Chairman Kevin Brady in the House of Representatives, Majority Leader McConnell, and Finance Chairman Orrin Hatch in the Senate, have been meeting regularly to form a consensus Republican tax reform plan.
After the plan is released, it is expected to go through regular order in Congress, with the tax committees taking a lead in drafting the specific language of the tax reform bill. AGC will closely examine the plan released next week, and engage the committees to ensure the tax reform proposal includes AGC's tax reform priorities.
For more information, please contact Matthew Turkstra at [email protected] or (202) 547-4733.