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