Passage of the resolution keeps Republicans on track to pass tax reform as early as this year, though many hurdles remain. After repeatedly failing to repeal the Affordable Care Act this year, GOP lawmakers are under mounting pressure from conservative voters and donors to deliver on tax reform, a major campaign promise. “Tax reform is all about getting American going again and growing again. Chuck Schumer, the senate minority leader, said the Republican tax plan “entirely divorced from the real problems in our economy and our society”. “When you’re cutting taxes across the board, it’s very hard not to give tax cuts to the wealthy with tax cuts to the middle class,” Mnuchin told Politico.

Source: The Guardian October 20, 2017 01:37 UTC