Because they failed, Republicans will struggle to reach their goal of cutting corporate tax rates without piling on debt. Mr. Trump followed Mr. Ryan’s lead and lost, making it more likely that the White House will try to steer the direction of tax legislation. Advertisement Continue reading the main storyMr. Brady’s tax-writing committee is expected to convene a meeting about an overhaul on Tuesday. “Why not take the basis of the House plan?”Advertisement Continue reading the main storyChanging the tax code affects every person and industry. The administration said last month that its tax plan was just weeks away, but nothing materialized.

Source: New York Times March 27, 2017 00:56 UTC