House tax writers have completed about 90% of the tax bill they plan to release this week, Ways and Means Chairman Kevin Brady said Monday—but the last part may be the hardest.
Members of the tax-writing committee were working behind closed doors on proposals to raise revenue that would help offset the deep tax-rate cuts that President Donald Trump and congressional leaders have proposed, said Rep. Vern Buchanan, a Florida Republican.
"I can't say too much. It's going to be another day and a half before the bill is out," Buchanan said Monday afternoon.
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