Trump’s next bill needs tax relief with teeth

A third reconciliation bill is becoming a central question in Republican economic policy. President Trump has called for one. House Budget Committee Chairman Jodey Arrington (R-Texas) supports it. Speaker Mike Johnson (R-La.) is trying to assemble the votes. Ways and Means Chairman Jason Smith (R-Mo.) is open to it if the numbers work.Senate Republicans sound far less certain. Former Senate Minority Leader Mitch McConnell (R-Ky.) has been blunt: “I think it’s safe to conclude there will not be a...