AMERICAS OIL: House Ways And Means Ctte Could Mark Up Tax Portion of GOP Bill

[US] House Ways And Means Ctte Could Mark Up Tax Portion of GOP Megabill On Tues:
Caitlin Reilly at Roll Call reporting on X: https://x.com/reilly_cait/status/1920131759246549409 that the House Ways and Means Committee is tentatively scheduled to mark up the tax portion of the 'Big Beautiful' Republican reconciliation bill on Tuesday, May 13.

 

• Reilly: "Hearing from multiple sources Ways and Means is tentatively planning for next Tuesday to mark up its portion of the budget reconciliation bill. It hasn't been formally announced and with so much uncertainty around the rest of the package, this of course could change."
   
• Politico noted similarly, after a series of House Republican meetings yesterday: "Ways and Means Republicans are at least sounding more optimistic that the panel can hold a vote on the GOP tax package in a matter of "days.""
   
• More information may be forthcoming after a 15:00 ET 20:00 BST meeting at the Treasury Department of the so-called budget 'Big Six' - Treasury Secretary Scott Bessent, White House National Economic Council Director Kevin Hassett, House Speaker Mike Johnson (R-LA), Senate Majority Leader John Thune (R-SD), House Ways and Means Chair Jason Smith (R-MO), and Senate Finance Committee Chair Mike Crapo (R-ID).
   
• Meanwhile, Republican moderates and conservatives are struggling to resolve differences over cutting USD$880 billion from the purview of the House Energy and Commerce Committee - the most consequential item in the Republican tax and spending package.
   
• Punchbowl reports that "after a nearly two-hour meeting between the GOP moderates and Speaker Mike Johnson [yesterday], it's clear that the moderates are winning" on issue of cutting Medicaid.