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Congress Seen As Not Likely to Pass Tax Overhaul Quickly

Posted April 03, 2017

Under Economic Issues, International Trade Issues

(Stephen OhlemacHer – Associated Press)

After their humiliating loss on health care, Republicans in Congress could use a quick victory on a big issue. It won’t be an overhaul of the tax code.

Overhauling the tax code could prove harder to accomplish than repealing and replacing Barack Obama’s health law. Congressional Republicans are divided on significant issues, especially a new tax on imports embraced by House Speaker Paul Ryan. And the White House is sending contradicting signals on the new tax, adding to the uncertainty.

House Republicans also can’t decide whether to move on from health care. Ryan cancelled a scheduled vote on a House GOP plan after it became obvious that Republicans didn’t have the votes. He said he will continue to work on the issue but one of his top lieutenants on health care, Rep. Kevin Brady, R-Texas, says he is now “100 per cent” focused on a tax overhaul.

Ryan says Congress can work on both at the same time. It won’t be easy. Click here to read more.

Related: Conservative Split Over Import Tax Imperils Trump’s Overhaul (New York Times)