Senate Finance Committee Democrats are holding meetings to discuss the 2025 tax cliff when significant parts of the TCJA will expire. They are prioritizing a major tax package expected in 2025. Some Senators are pushing for a vote this year on the House-passed tax bill despite the focus on 2025.
Democrats plan to use the expiration of the 2017 tax cuts at the end of 2025 to pursue the largest tax increase in history. https://t.co/wANuv6Klxt via @WSJopinion
President Biden intends to allow expiration of the Trump tax cuts, which will lead to the largest tax hike on workers, families, farmers, and small businesses in U.S. history. I joined Florida’s business community, @WSWAMedia, @NRCAnews , & @ICSC in Sarasota to discuss the value… https://t.co/wpAeP6R7ri
Senate Finance Committee Democrats said they’re working on a menu of tax provisions they want to be in the conversation in the 2025 tax cliff debate. https://t.co/34QwZ63wdM
Inflation is already weighing heavy on Americans. To make matters worse, President Biden has promised to let the 2017 Republican tax cuts expire and raise YOUR taxes. https://t.co/E1NyeiDknq
Democrats are planning for the 2025 tax debate. But senators including @SenSherrodBrown told reporters that he emphasized in a Thursday closed-door meeting that the Senate should still vote this year on the House-passed tax bill https://t.co/MdfuhE9g4i
Senate Finance Committee Democrats huddled this morning for their first conversation on the 2025 tax debate when much of the Trump tax cuts expire. @LauraEWeiss16 and @BrendanPedersen have more from the meeting: https://t.co/6otYxpaPA2
While lots of Sen Democrats are re-upping their calls to pass the tax package that cleared the House in January, Sen Finance Dems are also turning to 2025. More on their meeting today w/ @ReporterCioffi https://t.co/8hsZygvGJ6
Senate Finance Committee Democrats have kicked off discussions in a meeting to share their priorities for a major tax package expected in 2025. https://t.co/VsSLZdjiB3
Senate Finance Democrats are meeting now on the 2025 tax cliff, the first of what will be many committee meetings before large pieces of TCJA expires In Semafor Principals this AM: https://t.co/i4dSw48QRU https://t.co/mEYWHUhs6T
Former President Donald Trump's tax cuts are scheduled to expire at the end of 2025. The Tax Foundation told CNBC that if Congress doesn't take action, more than 60% of Americans could face increased taxes. https://t.co/eXlLi3a1S2