Republicans are crafting a bill to advance President Donald Trump's agenda. (AP/Alex Brandon)
"The reason we are in the majority and have the ability to do this entire process is because of working-class voters, not the wealthiest Americans," they said. "I believe our tax package will reflect that reality."
Malliotakis sits on the House Ways & Means Committee, one of the most critical panels in the budget reconciliation process.
Reconciliation lowers the Senate's passage threshold from 60 to 51, making it possible for the party that controls both chambers of Congress and the White House to pass massive policy overhauls while sidelining the opposition, in this case Democrats.
The process traditionally begins in the House, where seven committees are preparing to meet in the next two weeks to hash out policies under their relevant jurisdictions. Those will then be slotted into a larger budget framework, which is then considered by the House Budget Committee before a chamber-wide vote.
The Ways & Means Committee is responsible for the tax portion, a key priority for Trump.
Chairman of the House Ways & Means Committee, Rep. Jason Smith, R-Mo., would not share details. (House Ways & Means)
"There's a lot of things that I've been reading in the press that have not been accurate, but I'm not going to say whether it's accurate or not, and they'll see the bill whenever we deliver it right before markup," Smith told Fox News Digital.
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"But what I will say is, is that we will have a tax bill that is pro-growth, pro-jobs, pro-family, pro-small business, and pro-workers. And Republicans believe in making sure that Americans keep more of their hard-earned dollars, and you'll see a tax package that does."
He said Americans would likely get to see that plan in a matter of "days, not months."
Fox News Digital's Deirdre Heavey contributed to this report
Elizabeth Elkind is a politics reporter for Fox News Digital leading coverage of the House of Representatives. Previous digital bylines seen at Daily Mail and CBS News.
Follow on Twitter at @liz_elkind and send tips to elizabeth.elkind@fox.com
https://www.foxnews.com/politics/millionaires-could-see-rate-hike-trump-agenda-bill-house-gop-tax-writer-says