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GOP planning to release tax framework next month: reports

GOP planning to release tax framework next month: reports
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The White House and congressional GOP leaders are planning to release a tax reform framework document in September, according to multiple news reports.

The document would not be released alongside legislation, but it would outline areas where the White House and congressional Republicans have common ground and may also describe suggestions from Democrats, according to a Reuters report.

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The document would provide more details than the five-paragraph tax statement that key players known as the "Big Six" released late last month, according to reports from both Reuters and Bloomberg.

The Reuters report, which cited three sources familiar with the matter, said the framework document would be three to five pages, while the Bloomberg report, which cited a White House official, said a final length hasn't been determined.

A White House spokeswoman declined to comment to The Hill on internal deliberations.

Republicans have made tax-reform legislation one of their top priorities and want to lower rates for individuals and businesses while eliminating tax breaks. But the timing for introducing legislation or consideration by Congress is not set.

The "Big Six" — House Speaker Paul RyanPaul Davis RyanMcConnell: 'Whoever gets to 60 wins' on immigration Overnight Defense: Latest on spending fight - House passes stopgap with defense money while Senate nears two-year budget deal | Pentagon planning military parade for Trump | Afghan war will cost B in 2018 House passes stopgap spending measure with defense money MORE (R-Wis.), Senate Republican Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellDems confront Kelly after he calls some immigrants 'lazy' McConnell: 'Whoever gets to 60 wins' on immigration Overnight Defense: Latest on spending fight - House passes stopgap with defense money while Senate nears two-year budget deal | Pentagon planning military parade for Trump | Afghan war will cost B in 2018 MORE (R-Ky.), Treasury Secretary Steven MnuchinSteven Terner MnuchinMnuchin wants to know how consumer bureau is handling Equifax breach Overnight Finance: Senators near two-year budget deal | Trump would 'love to see a shutdown' over immigration | Dow closes nearly 600 points higher after volatile day | Trade deficit at highest level since 2008 | Pawlenty leaving Wall Street group The Hill's 12:30 Report MORE, White House economic adviser Gary Cohn, House Ways and Means Committee Chairman Kevin BradyKevin Patrick BradyOvernight Finance: Senators near two-year budget deal | Trump would 'love to see a shutdown' over immigration | Dow closes nearly 600 points higher after volatile day | Trade deficit at highest level since 2008 | Pawlenty leaving Wall Street group Lawmakers discuss extending expired tax breaks in spending bill Dow falls more than 1,000 in biggest daily point-drop ever MORE (R-Texas) and Senate Finance Committee Chairman Orrin HatchOrrin Grant HatchOvernight Tech: Uber exec says 'no justification' for covering up hack | Apple considers battery rebates | Regulators talk bitcoin | SpaceX launches world's most powerful rocket Overnight Cybersecurity: Tillerson proposes new cyber bureau at State | Senate bill would clarify cross-border data rules | Uber exec says 'no justification' for covering up breach Hatch introduces bipartisan bill to clarify cross-border data policies MORE (R-Utah) — said they expected the tax-writing committees to produce legislation that the panels would likely consider in the fall.

White House Legislative Affairs Director Marc Short said last week that he expected the House would vote on a bill in October and the Senate would vote on a bill in November.

But McConnell said earlier this week that he doesn't want to set an artificial deadline for when tax-reform legislation will be enacted.