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.
Corporate inversions bring up a range of emotion among those in the public policy world as they consider the state of our tax code.
Getting tax cuts through Congress this fall to boost the economy is a bigger priority than overall tax reform, a top White House official said Monday.
The White House is hoping to kick-start its stalled legislative agenda with congressional action on healthcare reform this summer that will clear the way for lawmakers to begin work on a major tax bill after the Sept. 4 Labor Day holiday, an administration official said on Monday.