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Lobbyists feast on big tax bill in Washington
Washington lawmakers and lobbyists flocked to an $85 billion tax reduction package as the Ways and Means Committee hurried to finish. Oil producers in Oklahoma, Texas, and Louisiana praised a new write‑off for stripper wells, while critics warned of tax impacts on pre paid phone cards for long distance. Billionaire-leaning provisions and racehorse incentives drew late scrutiny as deputies debated amid long lines and caffeinated prep.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
House Ways and Means
Bill Archer
R-Tex
Committee
Longworth
Wes Watkins
R-Okla
William Jefferson
D-La
Oklahoma
Texas
Louisiana
Mickey Thompson
Oklahoma Independent Petroleum Assn
Thompson
Jim Bunning
R-Ky