Details of Tax Reform Plan Still Emerging

Senate republicans are pulling together their version of a tax cut bill, with details still emerging.

South Dakota Senator John Thune says the Finance Committee, of which he is a member, has been working on tax reform for quite a while

Thune says families could see a tax cut of up to twenty five hundred dollars, but there could also be other financial gains

The tax cut plan leaves a deficit of one point five trillion dollars. Thune says growth that will come from the economic incentives should more than fill that

Republicans have now added a plan to cancel the Affordable Care Act’s insurance mandate, to help pay for the added deficit.

 

(WNAX)