Johnson Kicks Off Next Tax Bill Work, Seeking Fall Passage
House Republicans are starting work on a follow-up to their recently enacted tax-and-spending law, aiming to pass provisions that were removed from President Donald Trump’s “one big, beautiful bill,” Speaker Mike Johnson said in an interview Wednesday with Bloomberg Government.
Johnson (R-La.) aims to enact a second, smaller tax bill “in the late fall” using the budget reconciliation process, he said. He’s trying a second time to successfully write measures that were effectively removed by the Senate parliamentarian from Republicans’ first bill (H.R. 1), aiming to draft them in a way that complies with that chamber’s arcane budget rules.