After disappearing for a while, the Senate Republican tax plan is back up for debate next week.
The Senate originally intended to pass its proposal for a new tax code the week of June 13 and send it to the House. But Senate Republicans pulled the bill from its calendar and returned it to committee. Senate leaders were hoping to negotiate a compromise between their plan and the House plan without going through the formal conference process. The idea was to save time.
Obviously, negotiations haven't progressed as planned, so the Senate is going to restart the engine on its own bill. It's on Monday's Senate Finance Committee agenda.
Update: Senate leader Phil Berger, an Eden Republican, sent a statement saying negotiators are making progress and work will continue over the weekend.
"But the time has come for the Senate to move the tax reform process forward," he said. "We hope the bill in the Senate Finance Committee on Monday will represent a final agreement. But if not, we’re confident we can work out any remaining differences in conference.”