GOP to Unveil Tax Bill Focused on Passage in 2017

The transcript discusses the challenges and urgency surrounding tax reform, highlighting the Republican Party's need for a legislative win by the end of the year. It covers the expected timelines for the House and Senate to act on the bill, the implications of tax cuts for companies and the middle class, and the potential consequences if the deadlines are not met.

What is the main challenge facing the tax reform bill according to the transcript?

• Lack of support from the public

• Insufficient media coverage

• Discrepancies in the math

• Opposition from the Democratic Party

Which group is not expected to receive a tax reduction in the proposed bill?

• Small businesses

• Top 1%

• Middle class

• Corporations

What is a significant question regarding the tax reform bill that remains unanswered?

• The number of votes needed for approval

• The total cost of the bill

• The definition of middle class

• The exact date of implementation

What is the expected timeline for the House of Representatives to vote on the tax reform bill?

• Before Thanksgiving

• By the end of November

• In early December

• By the end of the year

What is the consequence if the tax reform bill is not passed by the end of the year?

• It will be voted on by the public

• It will be revised completely

• It will be postponed until January

• It will be abandoned