Tax Reform by Year's End Still Doable: WH Budget Director Mulvaney
Tax reform and foreign cash repatriation have been cornerstones of the Trump administration's economic reform efforts.
The White House still believes that tax reform legislation by the end of the year is still doable, White House budget director Mick Mulvaney said on CNBC Friday, even as the administration's health care reform initiative languishes in the U.S. Senate.
"I'd like to see for example the corporate tax rate at 15 percent. I'm not alone in the administration in wanting that. If we can pass that, that's great," the director of the Office of Management and Budget said.
Tax reform and foreign cash repatriation have been cornerstones of the Trump administration's economic reform efforts.
More of What's Trending on TheStreet:
- Amazon and General Electric Are Friday's Smoking Hot Tickers: AMZN, TSLA, SBUX, GE, AAPL
- Starbucks Shares Are Crashing; Go Out and Buy!
- Amazon's Stock Falls on Big Second-Quarter Earnings Miss: What Wall Street's Saying
- Tesla's Model 3 Arrives on Friday -- Here's Everything You Need to Know About This Over-Hyped Ride
