Republicans Consider Letting Tax Cuts For Families Expire Sooner

Congressional Republicans are looking at shortening the duration of tax cuts that their plan would give to families and individuals, a leading lawmaker said Thursday. That change would free up more revenue for additional changes to their tax overhaul, but it could also heighten complaints that the bill prioritizes cuts for corporations over households. Under a tax overhaul bill passed by the Senate earlier this month, tax cuts for all American households would expire at the end of 2025.