Reported 2 days ago
Senate Majority Leader John Thune indicated that Senate Republicans aim to fulfill President Trump’s campaign promises by including tax exemptions for tips, overtime pay, Social Security, and auto loan interest in a revised tax package. Thune emphasized the importance of these provisions, which were specified in a House bill that passed narrowly and is now subject to revisions in the Senate before a deadline. While some Republican senators are concerned about the fiscal implications, it remains crucial for House leaders to retain these exemptions to maintain party support.
Source: YAHOO