Speaker Paul D. Ryan, hoping to revive his dream of rewriting the tax code, will insist in a speech on Tuesday that Republicans come together to avoid letting a “once in a generation” opportunity slip out of their hands.
Two main actors in the Republican tax reform debate vowed on Tuesday to complete an overhaul of the federal tax code in 2017, despite party infighting and political distractions from alleged Russian meddling in the 2016 election.
On behalf of the undersigned organizations and our millions of supporters, we urge you to swiftly pass comprehensive tax reform that overhauls the tax code for individuals, families, and businesses of all sizes.
The director of the White House’s National Economic Council will meet Wednesday with auto industry groups in Washington for a “listening session” on tax reform, the White House said Monday.
U.S. Treasury Secretary Steven Mnuchin had a secret discussion with former Federal Reserve Chairman Ben Bernanke — at least, it was secret until he revealed the meeting on social media.
The Trump administration and top Republicans in U.S. Congress are within a few weeks of agreeing on central aspects of a tax overhaul plan that will determine the contours of legislation now expected in September, an administration official told Reuters this week.
White House economic adviser Gary Cohn said on Wednesday he expected the U.S. Congress to get tax reform done this year, citing a productive meeting with Republican congressional leaders.
Aiming to move the tax reform debate forward, the White House says it will hold a series of listening sessions this summer with business leaders from a variety of economic sectors.
Lawmakers hope to reach “critical mass” in support for a tax overhaul by August, but still have a number of political and procedural hurdles to overcome before then, a top Senate Finance Committee staffer said Tuesday.
Paul Ryan’s tenure as House speaker will be judged in part on whether he can deliver a Republican tax plan. But rather than spearhead the effort to reach consensus, Ryan is still clinging to his own widely rejected proposal.