ADVISORY: Ways and Means Committee Begins Tax Bill Markup
WASHINGTON, D.C. – On Monday, November 6, the House Committee on Ways and Means began consideration of the GOP tax bill with debate over bill content, amendments, and final passage scheduled through Thursday, November 9.
WHEN: The Ways & Means Committee has scheduled a markup of the GOP tax bill for the following times:
Monday: 12:00 PM – 7:00 PM
Tuesday: 10:00 AM – 7:30 PM
Wednesday: 10:00 AM – TBD
Thursday: 10:00 AM - TBD
BACKGROUND: After months of secret negotiations, Republican leadership introduced tax legislation last week that provides large tax cuts favoring special interests and wealthy individuals. According to the Joint Committee on Taxation, the GOP tax plan would add over $1.4 trillion to the deficit over the next decade. Analysis indicates that the GOP tax bill would actually raise taxes on nearly 13 million tax filers who earn $100,000 a year or less. The tax bill also proposes the elimination of important credits for education, homeownership, medical expenses, development in struggling communities, and more.
STAY UP-TO-DATE: For live updates during the Ways and Means Committee markup, follow @RepTerriSewell on Twitter. Roundups of Committee work on the tax bill will be sent by email nightly this week Monday through Thursday.
REP. SEWELL STATEMENT ON GOP TAX BILL: Read Rep. Sewell’s full statement on the GOP tax bill.
Rep. Terri A. Sewell (D-AL) is serving her fourth term representing Alabama’s 7th Congressional district. She sits on the House Permanent Select Committee on Intelligence and was recently appointed to the powerful House Ways and Means Committee. Sewell is a Chief Deputy Whip and serves on the prestigious Steering and Policy Committee of the Democratic Caucus. She is also a member of the Congressional Black Caucus, and serves as Vice Chair of the Congressional Voting Rights Caucus, and Vice Chair of Outreach for the New Democrat Coalition.