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 RyanSenate Dems build huge cash edge in battlegrounds Kelly lobbied Republicans to rebuke Trump after Putin press conference: report Lobbying world MORE (R-Wis.), Senate Republican Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellOvernight Defense: Trump tries to quell Russia furor | GOP looks to reassure NATO | Mattis open to meeting Russian counterpart Senate weighs new Russia response amid Trump backlash House passes bipartisan bill to boost business investment MORE (R-Ky.), Treasury Secretary Steven MnuchinSteven Terner MnuchinOn The Money: Fed chief lays out risks of trade war | Senate floats new Russia sanctions amid Trump backlash | House passes bill to boost business investment The Hill's Morning Report — Trump isolated and denounced after Putin meeting IRS reduces donor reporting rules for some tax-exempt groups MORE, White House economic adviser Gary Cohn, House Ways and Means Committee Chairman Kevin BradyKevin Patrick BradyOn The Money: Fed chief lays out risks of trade war | Senate floats new Russia sanctions amid Trump backlash | House passes bill to boost business investment Brady at White House meeting: House to vote on more tax cuts in September IRS reduces donor reporting rules for some tax-exempt groups MORE (R-Texas) and Senate Finance Committee Chairman Orrin HatchOrrin Grant HatchOn The Money: Fed chief lays out risks of trade war | Senate floats new Russia sanctions amid Trump backlash | House passes bill to boost business investment Hatch threatens legislative action to rein in Trump tariffs GOP lambasts Trump over performance in Helsinki 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.