Tax reform. "The original health-care bill had also been designed with this idea of making tax reform easier," Graetz noted. They plan to take advantage of the same process to sidestep a Democratic filibuster to pass a tax bill. Treasury Secretary Steve Mnuchin has said tax reform would be 'a lot simpler' than health care. Whether or not the health-care setback ultimately portends problems for tax reform, tax policy expert and Heritage Foundation senior fellow David Burton anticipates a long and complex process ahead.

Source: CBC News August 02, 2017 09:00 UTC