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US tax overhaul in doubt as House GOP stuck on budget disagreements

Disputes persist over spending levels and border-adjusted tax proposal as August House recess looms

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While Mr Ryan has abandoned his dream of completing by August a tax overhaul that would slash individual and corporate rates, the speaker had until recently hoped to have an agreed-upon budget by now.

Washington

THE House is set to leave for its August recess without having taken the first essential step to overhauling the US tax code: agreeing on a 2018 budget resolution.

Disputes among House Republicans over spending levels and the controversial border-adjusted tax proposal

sentifi.com

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