May 29, 2017 5 Commentson
I think it's safe to assume that a tax reform plan will take a lot longer than Trump's administration thinks, especially when his officials cannot agree on how the plan will work. That's exactly what happened when White House Budget Director Mick Mulvaney and Treasury Secretary Steven Mnuchin testified in front of two different Senate committees. Mulvaney told the Senate Budget Committee that the "tax plan doesn't bank on any revenue stemming from faster economic growth." At the same time, Mnuchin told the Senate Finance Committee that the "tax plan will partly pay for itself with economic growth."