House panel unveils tax portion of Trump agenda bill

The House Ways and Means Committee, which has jurisdiction over taxes, on Friday evening released partial text for its portion of President Trump’s “big beautiful bill” and scheduled a meeting to debate and advance the legislation for Tuesday at 2 p.m.

The proposal had been highly anticipated, but the text released Friday appears to leave out some of the most contentious issues that have divided Republicans and threatened to sink the bill.

Not in the bill are provisions on the state and local tax (SALT) deduction cap...