Ways and Means Committee to Review Trump Tax Cuts

The House Ways and Means Committee will meet Tuesday to make the 2017 Trump tax cuts permanent. Pay-fors will be needed to offset the tax cuts. Minnesota Representative Michelle Fischbach said President-Elect Donald Trump’s planned Department of Government Efficiency is seen as a way to find budget savings. “If they’re able to really do that deep dive and look at where we can save money and what would be more efficient, that would be incredibly helpful,” said Fischbach. “They can turn it over to Congress and we can take a look at it and say this makes sense, that makes sense and include it or use it. I don’t think it’ll be ready for reconciliation, but use it in the future as to where we can be more efficient.” In an interview with RRFN, Fischbach also discusses the 45Z Production Credits, timing for a farm bill vote and the regulatory environment.