Tax cuts quiet once-deafening GOP call for fiscal discipline

Remigio Civitarese
Settembre 17, 2017

Trump, who was deeply disappointed by Republicans' failure to pass a health care overhaul, has shown a new willingness to work with Democrats in recent weeks, despite railing against them as "obstructionist".

Still, Ryan said partisan politics could complicate the issue.

Surrounded by a group of moderate Democrats and Republicans, the president made the possibility of bipartisan tax reform look very appealing.

House Speaker Paul Ryan says the White House and congressional Republicans will release an outline of their tax overhaul plan by the end of the month. The letter said the Democratic caucus would not support a tax overhaul that cuts taxes for the "top 1 percent" or adds to the government's $20 trillion debt. "So, we can pay for these tax cuts with economic growth".

Heitkamp traveled with Trump aboard Air Force One last week when he spoke broadly about the tax plan in her home state of North Dakota.

President Donald Trump says he'd still like to see the corporate tax rate reduced to 15 percent as he tries to sell lawmakers on his broad tax reform goals.

Republicans must agree upon a companion budget plan if the tax effort is to get off the ground.

First, they still don't have a bill, and generally speaking, it's hard to pass a bill unless you have a bill in the first place.

KELLY: You talked about lowering taxes for middle-class families.

"We want pro-growth tax reform that will get the economy going, that will get people back to work, that will give middle-income taxpayers a tax cut and that will put American businesses in a better competitive playing field so that we keep American businesses in America", Ryan said in an AP Newsmakers interview this past week. They aren't upending the drafting process to involve Democrats and have not welcomed any liberal tax policy ideas.

Instead, he said, Trump could close a loophole that largely benefits super-rich financiers, although they may be able to find other ways to avoid taxes.

Ryan said Wednesday that after the tax draft is released the week of September 25 a detailed version will be readied in hopes of action by the House later this fall.

"There were seven of us, four Republicans, three Democrats", said the West Virginia Democrat on MSNBC's "Morning Joe" program, noting that Vice President Mike Pence, National Economic Council Director Gary Cohn, and Treasury Secretary Steven Mnuchin were also present. The border wall that Trump campaigned on would not be part of this deal, both sides agreed.

Trump met Tuesday with Democratic Sens. "But at the same time, I think it's only reasonable - it makes ideal common sense - that we deal with the problem that was the root cause of this, which is we do not have operational control of our borders". "Now it might not work out".

Prior to becoming House speaker, Ryan had a long record of pushing for immigration reform, including supporting a path to eventual citizenship for all 11 million immigrants estimated to be living in the US illegally, and particularly those referred to as "Dreamers".

Brady said last month at a tax reform event in Simi Valley, California, that he would be "open to losing tax revenues in these early years", saying the budget would be balanced "over time" if reform become permanent.

There has been no comprehensive US tax code overhaul since 1986, and starkly different visions embraced by the two parties for how to move forward promise to make the task hard.

♦ They pulled it off because a popular president fresh off a landslide victory threw his considerable weight and charm behind its passage, and because that president had highly respected professionals on his staff. Reagan lobbied congressmen personally, and at one point even went to Capitol Hill to plead for the legislation.

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