House Speaker Ryan sees long battle over tax reform

LONDON (Reuters) – The United States’ first tax overhaul in decades may not pass Congress until well into 2017, House of Representatives Speaker Paul Ryan said on Wednesday, in a sign the timetable for the legislation has been pushed back.
Revamping the U.S. tax code has become a new legislative test for President Donald Trump after a Republican push to repeal former President Barack Obama’s signature healthcare law failed last month in a humiliating defeat for the party.
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