Home / Politics / Speaker Paul Ryan wants the House to pass a tax bill by Thanksgiving

Speaker Paul Ryan wants the House to pass a tax bill by Thanksgiving


Speaker Paul Ryan, R-Wis., and House Majority Leader Kevin McCarthy, R-Calif.

Tom Williams | CQ Roll Call

Speaker Paul Ryan, R-Wis., and House Majority Leader Kevin McCarthy, R-Calif.

Once they release the bill, Republicans will still have to overcome obstacles. Among those, some Republicans have already expressed concerns about the potential budget deficit generated by the plan.

The party has struggled to find provisions to raise money to offset major individual and business tax cuts without running into political opposition.

As Ryan spoke Tuesday, another potential GOP headache erupted. President Donald Trump and Sen. Bob Corker, R-Tenn., exchanged repeated blows on Twitter and on television.

Corker, a key vote on tax reform, has already said he has reservations about generating a large budget deficit with a tax plan.

Ryan had no concerns about the spat derailing the push to overhaul the U.S. tax system, saying to “forget about” the dispute.

“Bob’s going to vote for Tennessee, he’s going to vote for America, he’s going to vote for tax reform,” Ryan said.

About admin

Check Also

Takeaways from U.S.-China summit—Taiwan, military talks, fentanyl

TOPSHOT – US President Joe Biden (R) and Chinese President Xi Jinping walk together after …