November 19, 2018

With divisions roiling the party, the prospect of a once-in-a-generation bill to cut taxes on businesses and individuals increasingly appears to be the last, best hope for a fractured establishment desperate to find common ground and advance an effort it has long championed as the pinnacle of Republican orthodoxy.

But even in this policy refuge, tensions are sure to rise as the details of a formal tax plan spill out. On Wednesday, a top House Republican said that changes to retirement savings were still being considered, even after Mr. Trump declared Monday that “there will be NO change to your 401(k).”