Senate GOP sees no path on health care, despite Trump prods

Counselor to President Donald Trump Kellyanne Conway appears on CNN's

Counselor to President Donald Trump Kellyanne Conway appears on CNN's"Reliable Sources with anchor Brian Stelter on Sunday

According to the "Joint Statement on Tax Reform" they issued Thursday, Republicans still intend to provide "tax relief for American families" and to make corporate taxation more competitive in global terms.

The Trump administration hopes to get the tax reform bill through the Congress by November, a senior White House official said Monday.

"We will have success", Mnuchin said Monday during an event hosted by Freedom Partners Chamber of Commerce and Americans for Prosperity.

"Today's update on the status of tax reform is very encouraging, particularly since the border adjustment tax is no longer under consideration", said Matthew Shay, NRF president and CEO.

"We are now in what I would say is a 100 percent coherent place", Gary Cohn, the president's top economics aide, said Monday at a White House meeting.

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While the leaders stopped short of saying they were surrendering on an issue that's guided the party for seven years, their remarks underscored that Republicans have hit a wall when it comes to resolving internal battles over what their stance should be. We also believe there should be a lower tax rate for small businesses so they can compete with larger ones, and lower rates for all American businesses so they can compete with foreign ones. "While we have debated the pro-growth benefits of border adjustability, we appreciate that there are many unknowns associated with it and have made a decision to set this policy aside in order to advance tax reform".

"If there's bipartisan support, that's another route too", Short said.

"One of the takeaways of the failure of health care is that we've got to keep the legislation simple and focused", said Steve Moore, a visiting fellow at The Heritage Foundation, a conservative research group.

After months of talking about tax reform, the Trump administration and Republican leaders of Congress have emerged with a statement of what they have in mind - or, more precisely, what they do not have in mind. "And if he doesn't, then I guess we'll have to figure out from a congressional standpoint what we do".

Tax experts say the administration has raised expectations of a tax overhaul without providing much of a roadmap for how it can happen, possibly setting voters and companies up for disappointment if the tax cuts prove to be modest or the overhaul leads to higher taxes for some.

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The House Ways and Means Committee along with some U.S. officials has issued a joint statement on tax reform which aims to protect American jobs and make taxes simpler, fairer and lower for American families. And to the extent they choose to pay for it, it's not clear if they'll simply lean on optimistic growth assumptions to offset the cost of tax cuts. During last year's campaign, Trump called for the current seven tax brackets to be consolidated down to three, with a cut in the top rate. But few companies pay that rate because there are so many tax breaks and deductions that allow them to reduce their total amount of taxable income.

It also came as the No. 2 Senate Republican leader seemed to suggest that the two parties should try working together on health care.

They're the same crowd that sees tax legislation's biggest goal as dramatically slashing taxes - and the size of the federal government.

At this point, the White House still hasn't engaged at an individual level with some of the members Short referenced.

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