White House Version of the Tax Bill Reportedly to Be Ready by Labor Day

Faced with growing Republican discontent over the Trump Administration’s lack of definitive tax legislation, White House economic advisor Gary Cohn projects that Congress will receive President Trump’s detailed tax proposal by the time Lawmakers return from the August recess. If delivered, the proposal would have to share attention with Congressional efforts to raise the debt limit and avoid a government shutdown. House Ways and Means Committee Chairman Kevin Brady is also reportedly in the process of drafting an alternative tax plan for Congressional and White House consideration.

Republican Tax-Cut Dreams on Hold as Lawmakers Grow Frustrated With Trump

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