A push to permanently extend President Donald Trump’s 2017 tax cuts is emerging as a major flash point in budget negotiations between House and Senate Republicans.
Trump wants his tax cuts extended permanently to boost the economy over the long haul. Senate Republicans say the House’s plan undermines that goal. The dispute centers on how the Congressional Budget Office will be required to calculate the cost of the tax cuts. As both chambers plan to negotiate a bicameral budget framework, the debate over tax-cut permanency is the main sticking point among Republicans.
Sen. Ron Johnson (R-Wis.), a conservative who lauded ...