Many Republicans in Congress — up until recently including Mr. Trump’s own budget director, Mick Mulvaney — are deficit hawks.
The White House and congressional Republicans would need to decide whether to use a process known as budget reconciliation
to speed changes through Congress on a simple majority vote or allow the legislation to proceed under normal rules.
Mr. Ryan and Mr. Brady have been aggressively pushing the inclusion of a 20 percent tax on imports
that they think would raise as much as $1 trillion to offset cuts in individual and business tax rates.
5 Reasons Trump’s Promised Tax Overhaul Won’t Be So Easy -
By JULIE HIRSCHFELD DAVISMARCH 28, 2017
WASHINGTON — President Trump’s failure to push through the broad health care overhaul he
promised has raised questions about the prospects of a sweeping rewrite of the tax code.
“I’m optimistic that Republicans still very much care about balancing the federal budget,” Mr. Brady said.
“If we’re serious about leapfrogging America back to the lead of the pack, if we’re serious about creating jobs
and jump-starting this economy, a 10-year bill will not accomplish either of those,” Mr. Brady said.
