GOP senators meet with administration officials on tax reform

rooz GOP senators meet with administration officials on tax reform image

GOP senators meet with administration officials on tax reform By Naomi Jagoda – 05/10/17 06:44 PM EDT 12 © Getty Images
A group of Republicans senators met with administration officials to discuss tax reform on Wednesday, as the White House works to flesh out President Trump’s tax plan.
Members of the conservative Senate Steering Committee met with Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn in the Eisenhower Executive Office Building. Trump also invited the senators to come over to the West Wing, according to a White House spokesperson.
An aide familiar with the meeting said that the discussion covered both personal and corporate tax reform, and that administration officials stressed their desire to get legislation enacted this year. Mnuchin discussed his interest in moving the United States to a “territorial” tax system under which American companies would not face U.S. taxes on their foreign earnings. ADVERTISEMENT GOP senators at the meeting included Sens. Tom Cotton Ted Cruz GOP senators must keep their promises to repeal ObamaCare Comey’s sudden ouster has Republicans divided GOP senators meet with administration officials on tax reform MORE (Texas).
Several of these senators have expressed concerns in the past about a provision in the House Republicans’ tax blueprint known as border adjustability, which would tax imports and exempt exports.
The meeting is one of several listening sessions that administration officials are holding with lawmakers and industry groups this month. The White House released the broad outlines of a tax-reform plan in late April, and administration officials are getting feedback from stakeholders as they work on the details of a plan that the House and Senate can support.
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