Big tax groups

Senate Finance to huddle with big tax groups ahead of text release

Republicans are still negotiating the final pieces of their tax package but are nearing the finish line on some key provisions.

Benjamin Guggenheim

The Senate Finance Committee will brief large outside tax coalitions late Monday morning ahead of the panel’s expected release later in the day of its highly anticipated tax package.

The meeting — confirmed by two people with direct knowledge of the event, granted anonymity to share details of the committee’s private plans — comes as Senate Republicans scramble to make progress before the July Fourth recess toward passing President Donald Trump’s “big, beautiful bill.” The Finance Committee’s portion of that megabill, encompassing tax cuts and extensions and an overhaul of Medicaid, is among the most consequential components.

The text to be made public by the panel Monday will likely include placeholders for key tax and Medicaid provisions as negotiations continue over these thorny issues, but it is otherwise expected to outline the chamber’s changes to sweeping tax cuts passed by the House back in May.

Finance Chair Mike Crapo (R-Idaho) is also expected to formally brief Senate Republicans on the committee text in a Senate GOP conference meeting this evening.