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Wednesday, 13 September 2017 16:01

Trump steps up talks with Democrats on taxes as timetable set

Written by  Reuters

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday stepped up his outreach to Democrats to try to make good on a campaign promise for major tax cuts, while fellow Republicans in the House of Representatives promised an outline of a tax plan in two weeks.

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 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.

As Trump continues to seek Democratic input on the tax front, he was set to meet on Wednesday afternoon at the White House with House members, including eight Democrats and five Republicans.

Trump also invited Senate Democratic Leader Chuck Schumer and House Democratic Leader Nancy Pelosi to dine with him on Wednesday night, Democratic sources familiar with the matter said.

Trump last week blindsided Republican leaders by striking a deal with Schumer and Pelosi on the U.S.

Read more at Reuters

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