Ryan says tax overhaul plan to come this month
Washington — House Speaker Paul Ryan says the White House and congressional Republicans will release an outline of their tax overhaul plan by the end of the month.
Ryan said Wednesday that after the tax draft is released the week of Sept. 25 a detailed version will be readied in hopes of action by the House later this fall.
Many GOP lawmakers are hungry for details about the upcoming tax plan.
Republicans must agree upon a companion budget plan if the tax effort is to get off the ground.
Earlier, the White House said President Donald Trump’s dinner with Republican and Democratic senators to talk taxes was “highly productive” and will “spur constructive discussion.”
Trump met Tuesday with Democratic Sens. Joe Manchin of West Virginia, Heidi Heitkamp of North Dakota and Joe Donnelly of Indiana, as well as Republican Sens. John Thune of North Dakota, Pat Toomey of Pennsylvania and Orrin Hatch, of Utah.
In a statement Wednesday, the White House says Trump asked them to “help deliver tax cuts for American families.”
Manchin, Heitkamp and Donnelly are the only Democratic senators who did not sign a letter addressed to Republican leaders and Trump. The letter said the Democratic caucus would not support a tax overhaul that cuts taxes for the “top 1 percent” or adds to the government’s $20 trillion debt.
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