House Republicans are on the precipice of a big victory on tax reform, but the legislation still faces enormous hurdles before it can reach President Trump’s desk and be signed into law.
Legislation is expected to receive a vote on the House floor this week after clearing the tax-writing Ways and Means Committee in a party-line vote with no GOP defections.
At this point it would be a surprise if Republicans weren’t able to pass the bill through the House.
The number of Republicans publicly opposed or leaning against the bill is in the single digits, and Speaker Paul Ryan (R-Wis.) appears poised to meet his ambitious timeline of having the tax bill introduced in early November and passed by Thanksgiving.
“I do believe that the momentum continues to move us forward,” Rep. Mark Walker (R-N.C.), chairman of the conservative Republican Study Committee, told The Hill.
He said Republicans can’t afford to hold off the bill after the failure to approve ObamaCare repeal. Last week’s losses in off-year elections across the country just added urgency for Republicans.
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