South Dakota US Senator John Thune hopes the Senate Republican tax reform proposal will make it out of the finance committee by the end of this week.
Republicans in both the US House and Senate are leading the charge in overhauling the country’s tax code. They say it’s the largest overhaul in 30 years.
Others aren’t convinced it will help the economy.
Congressional Republicans maintain that growth in the economy brought about as a result of these tax cuts will make up for any lost revenue.