Ryan declines to say Republican tax plan won't raise deficit

Faith Castro
September 14, 2017

Kevin Brady, the chief House tax writer, told the chamber's Republicans that White House advisers and congressional leaders working on a tax plan will release a framework the week of September 25. GOP leaders made that "revenue neutral" promise in a campaign manifesto previous year and many times since.

U.S. President Donald Trump and Republicans in Congress would have a hard time slashing the corporate tax rate to below 26 percent, even if they eliminated almost every business tax preference, according to a study released on Wednesday.

They said it's important for legislation to lower tax rates across the board, simplify the tax code, repeal the estate tax and establish a "territorial" tax system that doesn't tax US companies' foreign earnings.

The stakes in the tax battle have grown for the Republicans since their effort to repeal much of President Barack Obama's law crashed this summer.

If Congress follows Brady's schedule and adopts a budget resolution by the middle of October, there will be 28 legislative days left on the House calendar for the remainder of 2017.

On another major topic, Ryan said that immigration legislation Congress will be working on "will have to include security measures".

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The analysis by the Tax Policy Center, a nonpartisan think tank, found Republicans might have to expand the federal budget deficit to cut the corporate rate to Trump's proposed 15 percent or to the 23 percent level sought by leading tax policymakers from Congress and the administration.

During his presidential campaign and since, Trump has repeatedly promised to build a wall along the U.S. -Mexico border.

Ryan made his comments on taxes as he discussed a range of issues with the AP, including immigration, where he pledged to find a solution for the almost 800,000 immigrants brought to this country as children and now here illegally.

He said he wanted the White House to allow Congress time to address the issue because he didn't want it "to be rescinded on day one and create chaos".

The program, known as Dhaka, has granted about 800,000 illegal immigrants protection from deportation and the opportunity to work legally in the United States, the radio said. He declared that removing them all is "not in our nation's interest", though he declined to reaffirm his past support for eventual citizenship for the "Dreamers".

After months of disarray and confusion at the White House, Ryan said its operations have been getting better lately. White House Budget Director Mick Mulvaney said the target date is September 25. He replaced the previous chief of staff, Reince Priebus, a Ryan friend.

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