Treasury Secretary Steven Mnuchin said Thursday the administration is committed to getting major tax reform legislation through Congress by August. Mnuchin said that tax reform is the administration's top economic priority and the goal is to have a measure approved by the time Congress takes its August recess. "We are committed to pass tax reform," Mnuchin said in an interview on CNBC. But if the company exports its products, the profits from those exports would not be taxed by the United states. In a separate interview with the Fox Business Network, Mnuchin said the administration was focused on an "aggressive timeline" to enact tax reform, calling it critical to stimulating economic growth.

Source: ABC News February 23, 2017 16:48 UTC