Speaker Ryan Expects House to Pass Tax Reform Bill Early November

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According to Ryan, he is confident that the tax reform legislation will pass the Senate with a bipartisan support.

Last week, he encouraged conservative Republicans to engage in debates and rebuff criticisms against the GOP tax reform proposal. He strongly believes that the GOP tax plan will provide “real relief” to the middle class.

According to him, “We are throwing out the special-interest loopholes” that are complicating the tax code.

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Democratic leaders say GOP tax plan is a giveaway for the rich

On the other hand, Democratic leaders have been criticizing the GOP tax plan as “deficit-exploding, multi-trillion dollar tax-giveaway to the wealthiest.”

In a blog post on Monday, House Minority Leader Nancy Pelosi wrote, “Nothing about Republicans’ tax framework is tax reform.  It’s just an unrealistic plan to give rich people a massive tax break while hurting middle class families.