The House is set to leave for its August recess without havingtaken the first essential step to overhauling the U.S. tax code:agreeing on a 2018 budget resolution.
Disputes among House Republicans over spending levels and thecontroversial border-adjusted tax proposal are preventing SpeakerPaul Ryan from winning enough support to schedule a floor vote onthe budget that a House panel approved last week. With Housemembers planning to leave Washington Friday for a five-week recess,the lack of a budget is raising doubts that a tax rewrite—one ofPresident Donald Trump's top priorities—can be accomplished thisyear, or even before the 2018 elections.
“Clearly, no budget, no tax reform,” said the House's chief taxwriter, Rep. Kevin Brady, a Texas Republican.
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