White House Backs Off Firm Deadline for Tax Reform | NBC Chicago
President Donald Trump

President Donald Trump

The latest news on President Donald Trump's first year as president

White House Backs Off Firm Deadline for Tax Reform

Press secretary Sean Spicer said he would like to see tax reform passed by August but did not commit to it

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    NEWSLETTERS

    President Donald Trump told supporters at a rally in Louisville, Kentucky, on Monday that after Obamacare is repealed and replaced, he can focus on tax cuts and cutting prescription drug prices.

    (Published Monday, March 20, 2017)

    The White House is giving itself wiggle room on a tax-reform timeline, CNBC reported.

    Top Trump administration officials like Treasury Secretary Steven Mnuchin have previously set a goal of passing an overhaul of the American tax system by Congress' August recess.

    On Monday, press secretary Sean Spicer said he would like to see tax reform passed by August but did not firmly commit to it

    "It still would be a great opportunity before they leave for August recess, but we're going to make sure we do this right," Spicer told reporters at his daily briefing.

    Senate Releases Health Care Bill

    [NATL] Senate Releases Health Care Bill

    U.S. Sen. Mitch McConnell released the GOP's health care overhaul on Thursday. The 142-page proposal includes massive cuts to Medicaid, cuts in taxes for the wealthy and defunding of Planned Parenthood for at least one year. The Congressional Budget Office has not had a chance to score the Senate's bill yet. Under the House bill, the CBO found found that 23 million Americans would lose their   coverage by 2026.

    (Published Thursday, June 22, 2017)