Monday, April 17, 2017

Steve Mnuchin admits Trump's tax reform timing was not realistic

According to the Financial Times, Donald Trump's Treasury Secretary, Steve Mnuchin, admitted Donald Trump's time table for tax reform is not realistic. The reason? Because Trump wants to do health care reform first. Here's what the FT published:

Steve Mnuchin conceded that the administration’s timetable for its ambitious tax reform package is set to slip following the failure of Donald Trump’s healthcare bill. Mr Mnuchin told the FT that the target to get tax reforms through Congress and onto President Donald Trump’s desk before August was “highly aggressive to not realistic at this point”. (FT)

In other words, even Trump's people know Trump was not going to be able to do what he claimed he was going to do.


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