Sen. Marsha Blackburn and Sen. Ted Cruz struck a deal on language in President Trump’s big tax package Sunday. The new text updates a provision aimed at tweaking corporate tax rules.
The agreement came after negotiations between Blackburn (R-Tenn.) and Cruz (R-Texas), who chairs the Senate Commerce Committee. The provision is part of Trump’s sweeping overhaul, targeting how the tax code treats multinational corporations.
Details on the exact changes haven’t been fully released yet, but senators involved say the deal smooths out sticking points that could have stalled the bill.
Blackburn commented on the progress Sunday, saying the updated text “addresses concerns and moves us closer to final passage.”