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White House, Republican leaders plan to reveal tax cut details in two weeks

The White House and GOP leaders plan to reveal new details of their goal of cutting corporate and individual taxes the week of Sept. 25, and they are imploring lawmakers to reach a budget agreement that could smooth its passage.

House Ways and Means Committee Chairman Kevin Brady (R-Tex.) told other House Republicans during a closed-door meeting Wednesday that they needed to unify or the effort to cut taxes could fail, according to two people in the room. The announcement is part of a GOP leadership effort to create momentum and excitement for an eventual tax overhaul and assuage skeptical conservatives who have grown frustrated that details of the plan remain closely guarded by leaders.

Brady told his colleagues that “the stakes are higher than ever that we deliver this year.” But members emerged from the meeting saying they had little idea what specific tax changes leaders would be asking them to support.

“I don’t have any details,” said House Freedom Caucus Chairman Mark Meadows (R-N.C.). “I don’t understand why there are no details, especially since our leadership said we would have details on tax reform months ago.”