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Congress's Sprint to a Tax Overhaul

Private negotiations will determine the content of the bill.

By Erik Wasson and Sahil Kapur, Bloomberg | Updated on November 21, 2017

The Republican tax overhaul effort is in for a marathon debate on the Senate floor at the end of this month, with dozens of doomed Democratic amendments. But the real action will be elsewhere, behind closed doors.

Two parallel and largely private negotiations will determine the content of the bill that’s due for a full Senate vote as early as Nov. 30: One is aimed at getting about a half-dozen wavering GOP senators on board. The other will attempt to smooth the path for a final House-Senate compromise in December.

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