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Rep. Kevin Brady Leads The Charge To Pass GOP Tax Plan

U.S. Rep. Kevin Brady (R-The Woodlamds)
Gage Skidmore/Flickr (CC BY-SA 2.0)
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U.S. Rep. Kevin Brady (R-The Woodlamds)

From Texas Standard:

Just two weeks after its introduction, and with a total of zero hearings, the U.S. House has  approved what could be the biggest change to tax policy in at least a generation. The Senate Finance Committee also  passed a GOP-sponsored tax bill that differs somewhat from the House measure.

 

Overall, the GOP plan cuts $1.5 trillion in taxes over the next 10 years – the maximum cut that can be passed without Democratic support in the Senate. GOP proponents say the cost to the treasury will be offset by economic growth. Many economists doubt that will be the case.Critics also point out that while business tax cuts are permanent, some of the cuts targeted at middle-class individuals are temporary. That's because GOP tax-writers need to keep the total cost of the plan under the $1.5 trillion limit imposed by deficit-spending rules.

Much of the coverage of the tax plans has centered on how they are likely to impact individuals and businesses, and which groups will be helped and hurt. But in Texas, at least  some of the focus has fallen on House Ways and Means Committee Chairman Kevin Brady (R-The Woodlands), who crafted the House version.

Kevin Diaz, Washington correspondent for the Houston Chronicle says Brady has been working his way through the House leadership ranks for years, with the goal of implementing significant tax cuts.

 

Written by Shelly Brisbin.

Copyright 2020 KUT 90.5. To see more, visit KUT 90.5.

Rhonda is the newest member of the KUT News team, joining in late 2013 as producer for KUT's new daily news program, The Texas Standard. Rhonda will forever be known as the answer to the trivia question, “Who was the first full-time hire for The Texas Standard?” She’s an Iowa native who got her start in public radio at WFSU in Tallahassee, while getting her Master's Degree in Library Science at Florida State University. Prior to joining KUT and The Texas Standard, Rhonda was a producer for Wisconsin Public Radio.