Key week for US tax bill

The House of Representatives’ tax-writing committee has begun debate on the Republicans’ proposed overhaul, kicking off four frantic days for lobbyists and lawmakers to revise a bill that represents President Donald Trump’s final hope for a signature legislative achievement this year.

It could prove to be a make-or-break week. The head of the tax-writing panel, Kevin Brady, has signalled he intends to allow revisions during his committee’s meetings this week — but not when the bill is on the full House floor. That means other House members will have to settle for a take-it-or-leave-it vote — perhaps as soon as next week.