Plan to test support in Congress
Washington, April 26: US President Donald Trump intends for his broad blueprint, which will fall short of the kind of comprehensive tax reform that Republicans have long discussed, to be a guidepost for lawmakers in the US House of Representatives and Senate.
“We’re driving this a little bit more,” a senior White House official told reporters late on Tuesday. The plan is not expected by analysts to include any proposals for raising new revenue potentially adding billionsof dollars to the federal deficit.
Treasury secretary Steve Mnuchin has been leading the Trump administration’s effort to craft a tax package that can winsupport in Congress.