(Bloomberg) – House and Senate Republicans are working this week on compromise tax-overhaul legislation in an effort to send it to President Donald Trump by the end of the year. Here are the latest developments, updated throughout the day:

White House backs off of 20% rate red line (2:28 p.m.)

 

The White House continues to signal openness to a tax overhaul that features a corporate rate higher than 20 percent.

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