Senate Republican leaders plan to unveil their tax reform legislation in a closed door meeting with GOP senators Thursday morning, according to Majority Whip John Cornyn, R-Texas. “We are going to walk through the bill with the Republican conference at 11:30 tomorrow morning, so it will be out there,” Cornyn said after meeting with GOP lawmakers on Wednesday.
The Senate bill, authored by Finance Committee Chairman Orrin Hatch, R-Utah, is expected to have significant differences compared to the House tax plan that is now under consideration in the Ways and Means Committee.
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