GOP Moderates Seek Smaller Tax Cut
- Share via
From Times Wire Reports
Moderate Republicans who say the $864-billion tax cut proposed in the House is far too large are working on an alternative of about $500 billion that they consider more realistic. Rep. Michael Castle (R-Del.) said the bill is “a work in progress” and would not offer details, but he said it could be ready by today--when GOP leaders hope to reveal a slimmed-down version of the main bill that would cost about $792 billion over 10 years.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox twice per week.
You may occasionally receive promotional content from the Los Angeles Times.
