House Speaker Paul Ryan said Wednesday he hopes a tax reform plan will clear Congress and go to President Donald Trump for signing by the Dec. 23 recess.
"We've got to get tax reform done by then. We're confident we can do that," the Wisconsin Republican said at an event sponsored by news site Axios.
Tax cuts — a central Republican priority — helped fuel investor optimism after President Donald Trump 's election in November, and they underpin the optimistic growth forecasts being put forward by the White House.
Between the GOP's struggle to pass a plan to replace the Affordable Care Act, a coming appropriations process in Congress, and high-level investigations into the Trump campaign, Republican hopes for quickly passing its agenda have stalled of late.
Ryan echoed Treasury Secretary Steven Mnuchin, who said Tuesday that "our objective" is to get tax reform "done this year."
"We've got to get tax reform done by then. We're confident we can do that," the Wisconsin Republican said at an event sponsored by news site Axios.
Tax cuts — a central Republican priority — helped fuel investor optimism after President Donald Trump 's election in November, and they underpin the optimistic growth forecasts being put forward by the White House.
Between the GOP's struggle to pass a plan to replace the Affordable Care Act, a coming appropriations process in Congress, and high-level investigations into the Trump campaign, Republican hopes for quickly passing its agenda have stalled of late.
Ryan echoed Treasury Secretary Steven Mnuchin, who said Tuesday that "our objective" is to get tax reform "done this year."