May 19—2017 Tax Reform: Hopes for tax reform this year fade with Trump crisis.

As reported by Reuters, recent controversies enveloping President Donald Trump have left Republican lawmakers increasingly gloomy about the prospects for passing sweeping tax cuts, a rollback of the Affordable Care Act (ACA, Obamacare) and an ambitious infrastructure program this year. While House Speaker Paul Ryan (R-WI) recently urged his colleagues to “seize this moment” to pass tax reform, Senator Lindsey Graham (R-SC) told reporters that the legislative process had “pretty much ground to a halt” amid the tumult in Washington. Senate Majority Leader Mitch McConnell commented that “less drama from the White House” was needed to advance legislative priorities.

Document Title:May 19—2017 Tax Reform: Hopes for tax reform this year fade with Trump crisis.
Checkpoint Source:RIA Tax Watch
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