U.S. House Republicans plan to vote soon on “Tax Cuts 2.0.” They plan to introduce a bill sometime next week, according to House Speaker Paul Ryan. The proposed legislation reportedly would make permanent the $1.1 trillion in temporary cuts for individuals and small businesses that are set to expire in 2025. It’s also expected to include provisions involving retirement and education savings and new business start-up costs. But some reports indicate that it might be politically tricky to hold a vote in advance of the November midterm elections.
