Despite all the unanswered questions, House Speaker Paul Ryan (R-Wis.) suggested Wednesday that he still believes Congress can get tax reform done by the end of the year, and Republicans are betting that the way forward is to just press ahead and ignore the obvious and unsettled disagreements.
Emily Schillinger, a spokeswoman for the House Ways and Means Committee, said in a statement that Chairman Kevin Brady (R-Texas) agrees that the tax-writing committees "will be responsible for drafting the final legislation based on the united, core elements from President Trump and the tax working group". Ms. Pelosi and members of her caucus in the House have taken a similar stance, and as such, Democrats are specifically criticizing plans to repeal the estate tax and the possibility of eliminating deductions widely used by the middle class.
"He was so explicit during the campaign on the issue of the border wall and border security that if he were to backtrack on that promise I don't think he'd have a single friend left in the country". Once you apply the various loopholes and tax credits that Congress has permitted, the average business pays a rate of 18.6 percent, or half of what the "official" rate is.
President Trump's call for tax reform that would allow Americans to file their taxes on a single sheet of paper, while also lowering rates and making the tax code fair, is a great prescription for boosting our economy.
If we've learned anything about Mr. Trump so far, it's that he's much more interested in being able to claim victory than he is about the details of policy. Through a spokeswoman, Hatch said he's examining alternatives to "prevent gaming of the system".
"The problem here is we don't have a clue what's in the tax plan", said Rep. Dave Brat, R-Va. "We did a face plant on that exact logic", Brat said. Bob Corker, R-Tenn., a key vote on the Senate Budget Committee, who's been pumping the brakes on taxes, a stand that's earned him face-to-face meetings with both Treasury Secretary Steven Mnuchin and Trump himself. This is, after all, the party that repeatedly and redundantly passed a series of Ryan budgets that paid for tax cuts with the same kind of deep cuts in low-income programs (plus Medicare) that HFC members dream of each night. And Senate Majority Leader Mitch McConnell has asked the Congressional Budget Office to estimate the effects of the Cassidy-Graham bill, which would speed up the scoring process.
Hamas says it will hand over Gaza to Abbas consensus government
Attempts to reconcile the two and form a power-sharing unity government in Gaza and the West Bank have so far failed. Hamas has been weakened by an Israeli and Egyptian blockade, three wars with Israel and global isolation.
But Ryan rejected that approach, telling the AP, "It's not just narrow cuts in taxes that will do the job".
In New York, Martin Batalla Vidal, who came to the USA with his parents when he was 7, said he's taken college classes, does "meaningful" nursing home work and pays taxes. Last month, Politico reported the idea of taxing 401 (k) contributions upfront had been discussed as one way to raise revenue in the short term.
"And I don't want to be disappointed by Congress". He also added, "Americans shouldn't worry, especially since promoting savings and investment is a top priority in this exercise".
Indiana Congressman and Republican U.S. Senate candidate Todd Rokita was not as generous with his remarks. "Do you understand me?"
Romney, a former MA governor who was the GOP's presidential nominee in 2012, is reportedly preparing to run for the Senate from Utah if Hatch retires.