Rep. Black Wants Certainty With Tax Reform

The transcript discusses the progress of a tax reform bill, highlighting Senator McCain's support and the differences between the House and Senate versions. Key sticking points include the number of tax brackets and the timing of corporate tax changes. The debate over a trigger mechanism for spending cuts is also covered, with some resistance from House members. The commitment to maintaining state and local tax deductions, particularly for middle-income earners, is emphasized.

What are the key sticking points mentioned in the discussion regarding the tax reform?

How long has the House of Representatives been working on tax reform according to the speaker?

What is the speaker's opinion on the trigger mechanism for tax reform?

What is the speaker's stance on spending in relation to tax cuts?

What measures are being considered to ensure that middle-income individuals receive tax relief?