GOP chairman envisions tax reform 2.0 as a package of bills

House Ways and Means Committee Chairman Kevin Brady (R-Texas) on Tuesday said that he sees a second round of tax cuts taking the form of more than one bill.

"I don't see it as one bill," Brady said at an event hosted by The Washington Post. "I see it as a package of two, three or four approaches with permanency being one of them."

The White House and House Republicans have been discussing pursuing a second phase of tax cuts, with a focus on permanently extending tax cuts for individuals that would expire after 2025 under the tax law President Trump signed last year.

Brady has also said he wants to bolster incentives to save for retirement and education as part of a second tax package.

"We think the timing is right to help families save more and earlier in their life," he said.