Richard E Neal

House Rules Committee Adopts Closed Rule for GOP Tax Bill
With last hurdle cleared, measure heads to the floor

House Rules Chairman Pete Sessions, center, and Washington Rep. Dan Newhouse, seen here with a staffer in March, joined six other Republicans Tuesday night to send the GOP tax bill to the floor. (Bill Clark/CQ Roll Call file photo)

The House Republican tax bill cleared the Rules Committee late Tuesday night with no changes or amendments made in order for floor debate.

The panel adopted a closed rule in an 8-3 party-line vote, the last hurdle for the bill to clear before it reaches the floor.

GOP Leadership Confident on Votes for House Tax Bill, Brady Says
Both versions still violate Byrd rule by raising deficit after 10 years

From left, Chairman Kevin Brady, R-Texas, Rep. Richard Neal, D-Mass., ranking member, and Rep. Mike Thompson, D-Calif., attend a House Ways and Means Committee markup. (Tom Williams/CQ Roll Call)

Ways and Means Committee Chairman Kevin Brady told reporters Monday changes could be made to the House tax overhaul bill before it reaches the floor Thursday but they would not be substantive.

“We don’t anticipate major changes,” Brady said of the possibility that Rules Committee would adopt an amendment to the bill when it meets Wednesday. “A lot of the work has been done.”

Podcast: What Businesses Have to Gain From the Tax Overhaul
The Week Ahead, Episode 78

Chairman Kevin Brady, R-Texas, left, and Rep. Richard Neal, D-Mass., ranking member, conduct a House Ways and Means Committee markup of the Republicans' tax reform plan titled the Tax Cuts and Jobs Act, in Longworth Building on November 9, 2017. (Photo By Tom Williams/CQ Roll Call)

Rachelle Bernstein of the National Retail Federation and a long time voice on tax policy around Capitol Hill explains what businesses, large and small, are looking for in the tax overhaul and the lessons learned from the Bush-era tax cuts.

Show Notes:

Photos of the Week: A House Tax Marathon as Senate Starts Action
The week of Nov. 6 as captured by Roll Call’s photographers

From left, Rep. Sam Johnson, Chairman Kevin Brady and ranking member Richard Neal open a House Ways and Means Committee markup of the Republicans’ tax overhaul plan in Longworth Building on Monday. Rep. David Schweikert also appears. (Tom Williams/CQ Roll Call)

The House Ways and Means Committee finished its marathon markup of the GOP tax overhaul plan Thursday, as attention shifted to the Senate, which will be marking up its own version of the bill next week. 

Here’s the entire week in photos:

Individual Mandate Repeal Likely Off Table for House Tax Bill

Ways and Means Chairman Kevin Brady, R-Texas, left, and Rep. Richard Neal, D-Mass., ranking member, concluded their Ways and Means Committee markup of the Republicans' tax reform plan on November 9, 2017. (Tom Williams/CQ Roll Call)

Repealing the individual mandate to buy health insurance, eyed by tax writers as a way to offset the costs of their tax overhaul legislation, does not appear to still be a candidate for inclusion in the House’s evolving measure. 

House Ways and Means Chairman Kevin Brady on Thursday suggested that repeal of the individual mandate will not make it into the tax overhaul the House plans to vote on next week.

House Panel Approves GOP Tax Measure
Chamber’s version differs markedly from Senate proposal

From left, House Ways and Means Chairman Kevin Brady, ranking member Richard E. Neal and California Rep. Mike Thompson attend a committee markup of House Republican tax bill on Thursday. (Tom Williams/CQ Roll Call)

The House Ways and Means Committee on Thursday approved the Republican tax plan after making key changes such as raising repatriation tax rates on corporate cash held abroad, restoring the adoption child credit and changing the bill’s treatment of “pass-through” businesses.

Committee members voted along party lines, 24-16, to approve the legislation setting up a likely House floor vote next week. The substantive changes Thursday came in a so-called manager’s amendment from Chairman Kevin Brady who unveiled the package less than an hour before the panel took it up, prompting an outcry from Democrats.

Senate GOP to Delay Corporate Tax Cut, Repeal ‘SALT’ Deduction
Finance Committee releases plan highlights

White House counselor Kellyanne Conway and North Dakota Sen. John Hoeven at a news conference in the Capitol on Tuesday. (Tom Williams/CQ Roll Call file photo)

Updated 5:25 p.m. | Senate Republicans proposed Thursday to delay a corporate tax cut for one year and fully repeal the deduction for state and local taxes, taking a different approach than the House on overhauling the tax code.

The plan highlights released by the Senate Finance Committee show shared goals with the House bill advanced by the Ways and Committee on Thursday. Both would provide tax cuts at all income levels, slash the corporate rate from 35 percent to 20 percent, and expand benefits for families with children. For multinational companies, the proposals would shift to a new territorial tax regime.

Lobbyists Miffed at House Tax Bill Turn Attention to Senate
Some hope for different answers on mortgage interest deduction, SALT

Chairman Kevin Brady, left, and Rep. Richard Neal, ranking member, arrive for a House Ways and Means Committee markup of the Republicans’ tax reform plan Monday. (Tom Williams/CQ Roll Call)

The House Ways and Means Committee hasn’t yet approved its version of the tax overhaul, but already some lobbyists, miffed by how the legislation is shaping up, say they’re turning to the Senate. 

The Senate’s overhaul measure, which is expected to become public as soon as Thursday, may be wildly different from the House bill. It is likely to include more temporary tax breaks than the House product and may also delay corporate rate cuts

Democrats Say Election is Warning to GOP on Taxes
Citing Tuesday election results, minority party urges redirection

From left, House Ways and Means ranking member Richard Neal, D-Mass., Senate Minority Leader Charles E. Schumer, D-N.Y., Senate Finance ranking member Ron Wyden, D-Ore., and House Minority Leader Nancy Pelosi, D-Calif., hold a press conference on tax reform outside of the House Ways and Means hearing room in the Longworth House Office Building. (Bill Clark/CQ Roll Call)

Senate Democrats were quick on Wednesday to use the results of Tuesday’s elections to pressure Republicans to drop their attempt to pass an overhaul of the U.S. tax code with support only from within the GOP.

The GOP lost two gubernatorial races in Virginia and New Jersey, and gained seats at the state and local level across the country. Senate Minority Leader Charles E. Schumer says those results signal a rebuke of the current Republican agenda, including taxes and health care.

Partisan Bickering Defines Day One of House Tax Markup
California Democrat Mike Thompson calls a bill provision “cruel” and “heartless”

Ways and Means Chairman Kevin Brady sits in front of tax code volumes during a Monday committee markup of the House Republicans’ tax plan. (Tom Williams/CQ Roll Call)

Updated 9:25 p.m. | Fireworks started early at the House Ways and Means Committee markup Monday of the Republican tax plan, as Democrats repeatedly criticized the GOP’s effort to overhaul the tax code as a boon to the rich that would hurt many middle-class families.

Tensions rose about six hours into Day One of the marathon markup when Chairman Kevin Brady offered an amendment to his previous substitute that would make several changes to the bill. Democrats let loose on the Texas Republican for unveiling the substitute and taking it up immediately, without allowing any extra time to examine the provisions.