Taxes

No Budget, No Tax Reform: GOP Faces Reality of Remaining Agenda
House Republicans optimistic despite lacking votes for budget resolution

Ways and Means Chairman Kevin Brady remains optimistic that House Republicans can pass a budget resolution to set up the reconciliation process for a tax overhaul. (Bill Clark/CQ Roll Call file photo)

“Clearly, no budget, no tax reform.”

That comment made by House Ways and Means Chairman Kevin Brady on Thursday, and then again for good measure on Monday, is the primary selling point on which House Republican leaders are hoping to whip up enough support to pass their fiscal 2018 budget resolution. Yet that pitch has done little to appease the naysayers.

Paul Ryan: 'Don't Fall For' Cynicism on Tax Overhaul
Speaker touts plan at New Balance factory in Massachusetts

Speaker Paul Ryan, R-Wis., spoke Thursday about GOP plans to overhaul the tax code. (Tom Williams/CQ Roll Call File Photo)

Speaker Paul D. Ryan has a message for American families who only hear cynical talk coming out of Washington: “Don’t fall for it.”

Specifically, the Wisconsin Republican was addressing cynicism surrounding his top legislative priority of rewriting the nation’s tax code, which he acknowledges will be a heavy lift.

Budget Battle Opening Salvo Still Stalled
House GOP not focused on endgame as much as negotiating marker

House Budget Chairwoman Diane Black is moving forward with a budget resolution that does not reflect what can be agreed to in the Senate. (Bill Clark/CQ Roll Call file photo)

House Republicans have spent a month arguing over key pieces of a budget resolution that faces little chance of passage in the Senate. But they are focused less on the endgame than staking out their own position.

House members frequently view legislation they have passed as a marker for their position heading into bicameral negotiations.

Roll Call Reporters Asked Members of Congress To Release Their Tax Returns. Here’s What They Found
 

Throughout last year’s election and continuing into 2017, Democrats and Republicans alike have called for President Donald Trump to release his tax returns. Members of Congress, however, have not faced such pressure to disclose their tax information. Roll Call reporters Stephanie Akin and Sean McMinn set out to answer this question: how many members of Congress will release their own tax returns?

Ryan, Pence Promise Tax Overhaul but Offer Few Details
Speaker, vice president ramp up rhetoric on taxes

Vice President Mike Pence and Speaker Paul D. Ryan, pictured together before President Donald Trump’s address to Congress in February, spoke about overhauling the tax code during a National Association of Manufacturers summit Tuesday. (Bill Clark/CQ Roll Call file photo)

House Speaker Paul D. Ryan and Vice President Mike Pence on Tuesday reiterated a commitment to overhauling the tax code this year but offered no new details on how they plan to do so. 

In separate addresses to a National Association of Manufacturers summit, Ryan and Pence said 2017 is the year Congress will rework the tax system. 

Prospect of Repeat Budget Failure Puts Pressure on Republicans
Budget needed for GOP to get to tax overhaul, possibly mandatory spending cuts

House Budget Chairwoman Diane Black, seen here at a committee hearing last month with ranking Democrat John Yarmuth, is confident Republicans will pass a budget this year, despite GOP divisions. (Tom Williams/CQ Roll Call file photo)

House Republicans face the possibility of failing to pass a full budget resolution for the second year in a row, despite making progress on their goals for a fiscal 2018 budget resolution.

The stakes are much higher than last year as the budget, through the reconciliation process, has become a tool for Republicans to advance legislation without Democratic support, something they lack on nearly all of their top priorities.

Analysis: Why the Border Adjustment Tax Is Dead and an Overhaul Could Be Too
Proponents have failed to address critics’ concerns; lack of alternatives make overhaul difficult

House Speaker Paul D. Ryan, right, and Ways and Means Chairman Kevin Brady, left, have pushed the border adjustment tax as a way to raise roughly $1 trillion in revenue to partially offset an ambitious corporate tax rate cut. (Tom Williams/CQ Roll Call file photo)

House Republican leaders’ controversial border adjustment tax is dead, and as a result, their plans to dramatically overhaul the tax code could soon be too. 

The border adjustment tax, or BAT, is a proposal to tax imports instead of exports, reversing the way the United States currently taxes goods crossing its borders. House GOP leaders, namely Speaker Paul D. Ryan and Ways and Means Chairman Kevin Brady, have pushed for the tax as a way to discourage U.S. companies from moving operations overseas and to raise roughly $1 trillion in revenue to partially offset an ambitious corporate tax rate cut.

Freedom Caucus May Push for More Than Tax Overhaul in Next Budget
Reconciliation instructions for overhauling welfare system among issues caucus plans to discuss, Meadows says

Rep. Mark Meadows signs pictures taken of him with constituents to send the constituents as a thank you for their time. (Lindsey McPherson/CQ Roll Call)

ASHEVILLE, N.C. — Members of the conservative House Freedom Caucus are considering a push for broader reconciliation authority in the upcoming fiscal 2018 budget resolution that would allow Republicans to pursue policies beyond a tax code overhaul.

“We believe that writing the instructions more broadly will give us greater flexibility not only to get tax reform but also to address other areas simultaneously,” Freedom Caucus Chairman Mark Meadows said in an interview here Friday.

Trump Tax Plan Sets Up Another Battle With Congress
President would lower corporate rate, slash individual brackets from 7 to 3

President Donald Trump delivers remarks in the State Dining Room at the White House on Monday. On Wednesday, he laid out his tax overhaul plan. (Chip Somodevilla/Getty Images)

By JOHN T. BENNETT and LINDSEY McPHERSON, CQ Roll Call

The Trump administration on Wednesday rolled out a massive package of tax rate reductions and code changes. Senior officials claimed it will “pay for itself,” even though details remain murky and a fight with Congress lies ahead.