It was markup day for the tax-writing House Ways and Means Committee on May 13—one day after Republicans released the full text of their long-awaited tax legislation—as lawmakers on both sides of the aisle engaged in testy exchanges.
The committee pushed the bill forward overnight, passing it along party lines with a 26–19 vote.
Republican leaders say the oft-hyped “one, big, beautiful bill” will protect U.S. households from a massive tax hike and bolster take-home pay, create jobs, and stimulate the economy.
“With today’s committee meeting, relief is finally on the way for working families, waitresses, mechanics, nurses, farmers, and Americans all across this country who have been hammered by four years of Biden’s 21 percent inflation tax,” House Ways and Means Committee Chair Jason Smith (R-Mo.) said in a statement ahead of the markup hearing....
