House Speaker Paul Ryan on Wednesday said congressional Republicans will release the outline of a tax reform plan in roughly two weeks, kicking off lawmakers work to produce legislation "in the weeks ahead."
The Wisconsin Republican said House leadership laid out for party members at a Wednesday morning meeting "the ongoing process for comprehensive tax reform and tax cuts for middle-class families this year," which he said starts with an outline that will be released the week of Sept. 25.
"And then the tax-writing committees are going to take feedback and input, and then they're going to go produce their bills in the weeks ahead," Ryan said.
Ryan said the document will reflect the consensus of the chamber's tax-writing panels – the Ways and Means and Financial Services committees – and President Donald Trump's administration. He reportedly told The Associated Press that Republicans' goal is to have tax reform passed into law by the end of the year.
The Trump administration has been discussing the issue with members, and Ryan indicated rank-and-file lawmakers will have the opportunity to give feedback once the outline is released later this month.
"This is the beginning of the process, it's the beginning of a very important process to achieve for the first time in a generation overhauling our tax system and giving middle-class families a much-deserved break," Ryan said. "The whole point of all of this is the House, the Senate and the White House are starting from the same page and the same outline and then the tax writers are going to take it from there on the details."
The Trump administration has been pushing for lawmakers to work in a bipartisan fashion on tax reform, and Ryan said Wednesday he "would love to have the Democrats supporting and working with us in a constructive way on tax reform."