The House may soon belong to the GOP. Here's what party leaders say they'll do first.

Published On Nov 11, 2024, 9:39 AM

The upcoming House of Representatives is expected to be controlled by the GOP, with party leaders unveiling their plan for an aggressive agenda focused on tax cuts, particularly a proposed reduction of the federal corporate tax rate from 21% to 15%. This plan is anticipated to commence within the first 100 days of the new Congress under a second Trump administration. Alongside tax reforms, Republicans are likely to prioritize energy policies and responsibilities surrounding the debt ceiling. However, there may be significant intraparty debate over how to implement these agendas without increasing the federal deficit.