A top House Republican on Wednesday predicted Congress would vote to pass a tax bill on Dec. 24, saying the effort to overhaul the tax code would go down to the wire.
Rep. Patrick McHenry (R-N.C.), the House GOP chief deputy whip, said he expected both the House and Senate to finish work on a tax revamp bill on Christmas Eve.
GOP lawmakers and administration officials have pledged to enact a bill to cut individual and business tax rates, broaden the tax base and make the tax code simpler by the end of 2017.
Republicans are eager to make the most sweeping changes to the tax code since 1986 and are desperate to prove their ability to pass major legislation with unified control of the government.
Source: The Hill