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Home Breaking News

White House to host weekly tax discussions with congressional leadership

by DigestWire member
February 24, 2025
in Breaking News, Politics, World
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Top congressional Republicans will be huddling with Treasury Secretary Scott Bessent at the White House for weekly discussions on how to advance President Donald Trump’s tax agenda, according to a person granted anonymity to share details of the private deliberations.

The meetings, which will start this week, will include Senate Majority Leader John Thune, House Speaker Mike Johnson and the top brass on Congress’s tax writing committees — House Ways and Means Chair Jason Smith (R-Mo.) and Senate Finance Chair Mike Crapo (R-Idaho.).

Congressional Republicans have major differences they need to work through to advance Trump’s tax plans, which include an extension of expiring tax cuts and the enactment of several of his campaign promises.

House Republicans’ budget, for instance, places an upper limit of $4.5 trillion on the amount of tax cuts that Ways and Means can implement. Senate Republicans have said the House’s plan would be insufficient to extend all of the expiring provisions from the 2017 Tax Cuts and Jobs Act.

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