washington republicans u.s. house representatives forge ahead tuesday legislation reshape federal tax code top credit-ratings agency say bill would balloon budget deficit give temporary boost economy house tax committee weigh amendments bill democrats blast give-away corporations rich washington tax reform debate fast shift senate republicans hold slim majority senate republicans expect unveil tax bill end week early indications suggest could differ significantly house legislation house aim vote bill next week senior republican say tax reform priority president donald trump say stimulate economic growth republicans yet score major legislative accomplishment since trump take office january even though party control chamber congress well white house trump make another pitch democratic support capitol hill top aid meet dozen senate democrats trump phone asia trip say look want bipartisan way senator joe donnelly tell reporters fitch rat predict republican tax plan would win passage chamber see offer long-term benefit reform would deliver modest temporary spur growth ... however lead wide fiscal deficits add significantly u.s. government debt fitch say revise medium-term u.s. government debt forecast u.s. national debt exceed 20 trillion republicans firmly oppose add debt emphasis change congress joint committee taxation jct say house bill would add nearly 1.5 trillion national debt 2018 2027. trump congressional republicans say propose tax cut would boost economic growth enough generate new revenues would offset tax cut economists agree house bill slash tax rat large corporations small businesses wealthy americans sharply reduce eliminate tax break benefit many middle-class americans deductions state local tax college tuition home mortgage interest jct estimate house bill could raise tax many 38 million people earn 20,000 40,000 per year begin 2023. house republicans overwhelm majority draft bill secret ignore democrats house bill unlikely take senate republicans 52-48 seat majority need pay heed moderate within rank well democrats lobbyists analysts say two conservative republican senators ted cruz rand paul already voice concern house tax bill could raise tax middle-class americans senate bill could delay propose corporate tax cut one year may allow deductions local property tax may collapse current seven individual bracket four propose house accord washington post republican leaders push house vote tax bill u.s. thanksgiving holiday nov. 23 donors basically say get do ever call republican representative chris collins say u.s. tax legislation must begin house bring floor next week house ways mean committee chairman kevin brady tell fox news party-line vote tuesday brady tax committee vote eight democratic amendments would preserve expand tax break middle class nullify tax legislation increase deficit future years maintain tax foreign profit u.s. corporations brady offer sweep amendment monday tweak least half dozen provision 425-page bill one relate carry interest income share investment fund profit pay fund general partner represent large portion many fund managers incomes carry interest currently tax capital gain rate substantially low personal income tax rate high earners brady amendment would lengthen three years one time period assets must hold order eligible capital gain tax rate amendment would also reduce amount carried-interest income eligible low rate republican tax plan gain speed fitch warn deficit