Rep. Will Hurd On Trump And Congress

14 September, 2017, 04:21 | Author: Lula Armstrong
  • President Trump criticizes the tax reform policy

Trump said the plan would cut taxes 'substantially'.

There are still obstacles in the way, most notably Democratic objections that most of the benefits of the Republican party's approach will accrue to wealthier taxpayers, even though the bill would eliminate all taxes for singles earning $25,000 or couples making $50,000. Will Congress pass a tax reform bill this year? "Based on what they're saying, their mannerisms, a little bit of bravado", said New York City Councilman Joe Borelli, who represents Staten Island and co-chaired Trump's New York campaign.

The president and Vice President Mike Pence met September 6 in the Oval Office with both Republican and Democratic congressional leadership-Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Paul Ryan, House Majority Leader Kevin McCarthy and House Minority Leader Nancy Pelosi-to discuss the best way to move forward with tax reform and the administration's other legislative agendas.

In the past, Trump has expressed disappointment with the failure of congressional Republicans to repeal or fix the nation's ailing health care system, more commonly known as Obamacare, without Democratic support. The president touted the bipartisan effort, despite defying a strategy backed by GOP leadership and Treasury Secretary Steve Mnuchin to push for a longer deal.

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Chuck Schumer of NY and Rep. Nancy Pelosi of California.

It remains to be seen whether tax reform will address property taxes.

One of the guidelines called for legislation that does not cut taxes for the country's wealthiest 1 percent and changes to the tax code that will not burden the middle class.

"We'll continue to work on that. I hope we'll have your support", the president said to Heitkamp publicly during the speech.

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"It's more of a question of: are you interested in working working with us on tax reform?' And I think the answer is uniformly yes", Mulvaney said.

It would balloon if tax rates were cut too deeply without providing offsetting federal spending reductions and closure of tax loopholes, both politically hard tasks.

Gottheimer said he "raised the importance" of the deduction with Trump on Wednesday. They are particularly opposed to Republican plans to repeal the estate tax and deductions for state and local tax expenses. "We will see where it goes when it gets into specifics". I think there's a song that says that.

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