GOP Moves Closer to Tax Cut Plan, Eyes Debt Ceiling Deal (3)

March 26, 2025, 2:26 AM UTC

Republican leaders say they are getting close to agreeing on a plan to pass an extension of President Donald Trump’s 2017 tax cuts and an increase to the debt ceiling, as Congress looks to approve an economic package by the end of May.

“I don’t want to get out in front of what the Senate is going to do. But it sounds like we will not be far apart, and that’s a good thing, so we’ll be able to move,” House Speaker Mike Johnson told reporters, following a meeting at the Treasury Department on Tuesday.

Johnson said the Senate ...

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