Republicans from the House Ways and Means Committee released a very top-level outline of their plans for what they call “Tax Reform 2.0.” The plan has three main parts:

• It would make permanent many of provisions that had been set to eventually expire in 2026 (but the outline does not specify which ones);
• It will have several provisions to promote family savings; and
• It will allow new businesses to write off more of their startup costs and “remove barriers to growth.”