Jessica Wehrman and Michael Dulman in our Washington Bureau report that Sen. Rob Portman’s influence over the tax legislation racing through Congress will continue.
Portman, R-Ohio, was named last week as one of the senators to be part of a conference committee with the House to forge a final compromise of the GOP-backed plan to overhaul the tax code and reduce tax rates for corporations, small companies, and individuals.
The House and Senate approved slightly different versions of the tax bill, meaning the conferees have to reconcile those differences. Once they do, the House and Senate will have to pass the bill before President Donald Trump can sign it.
Portman, who lobbied hard for the Senate bill, said he is “optimistic” Congress will send legislation to the White House for Trump’s signature before Christmas.