The House on Thursday passed two of the three bills in House Republicans’ second tax-cut package, with GOP lawmakers pushing to put attention on President Trump’s 2017 tax law and the economy in advance of the November midterm elections.
One of the bills, which is aimed at encouraging taxpayers to save more money, passed by a vote of 240-177. A second bill, designed to incentivize business innovation, passed by a vote of 260-156. Both votes fell largely along party lines.
The House is expected to vote Friday on the third and most prominent piece of the tax package, dubbed “Tax Reform 2.0,” which would make permanent the 2017 tax law changes to the individual code.
House Republicans rolled out the 2.0 tax package earlier this month so that they could highlight their 2017 law — their biggest legislative accomplishment since Trump took office.
But it’s unclear whether the package will benefit Republicans’ politically. A recent poll commissioned by the Republican National Committee found that most voters think the 2017 law benefits the wealthy and corporations more than it does the middle class.
Read more in The Hill.