The White House and the Republican-led Congress have not put forth a detailed tax plan despite months of talks. House Speaker Paul Ryan said an outline will be unveiled during the work week beginning Monday, Sept. 25, with the House tax-writing committees then crafting legislation in the subsequent weeks.
“It’s the beginning of a very important process to achieve for the first time in a generation overhauling our tax system and giving middle-class families a much deserved break,” Ryan told reporters.
The White House said Trump’s meeting with seven senators, including three Democrats, on Tuesday night to try to the pave the way for an overhaul of the U.S. tax code and tax cuts for the middle class was “highly productive” and would “spur constructive discussion.”
The president was set to meet on Wednesday afternoon at the White House with House members, including eight Democrats and five Republicans.
Trump went to Twitter to urge Congress to “move fast” on what he called “the biggest Tax Cut & Tax Reform package in the history of our country.Read more at Reuters