U.S. House Republicans to tackle tax plan later this year

U.S. House Speaker Paul Ryan looks out to the crowd before President Donald Trump speaks during the 2017 "Congress of Tomorrow" Joint Republican Issues Conference in Philadelphia, Pennsylvania, U.S.U.S. House Republicans are unlikely to begin tackling tax reform legislation until the summer, after first moving to revamp the nation's healthcare system, House Speaker Paul Ryan said on Thursday. In an interview with Fox News, the Wisconsin Republican said lawmakers had to make good on their pledge to repeal and replace the Affordable Care Act, or Obamacare, before they can turn to rewriting the U.S. tax code. "It's just the way the budget works that we won't be able to get the ability to write our tax reform bill until our spring budget passes, and then we write that through the summer," Ryan told Fox News.

Source: Feed3

Leave a Reply

Your email address will not be published. Required fields are marked *