House Ways and Means Chairman Kevin Brady said he's open to reviewing parts of the House Republican tax blueprint as Congress looks for a path forward on trying to make U.S. businesses more competitive globally — even as Treasury Secretary Steven Mnuchin offered his most direct criticism of the plan yet.
“We know there are legitimate concerns — including from some of our witnesses here today and our colleagues on the other side of the aisle — about how it will affect American workers, businesses, and consumers,” Brady said Tuesday during a hearing to discuss a controversial proposal for a border-adjusted tax on imports. “We are committed to working with all of you to address these concerns.”
Meanwhile, Mnuchin sounded a clear warning about the BAT proposal during an appearance in Washington.
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