"What I announced today is when we return the week of the 25th, we will release the consensus document with President Trump and Senate tax writers and then we will move forward on the budget issue", Brady said.
And Senate GOP observers privately warn that if that happens - and if far-right conservative nominees win primaries to face Democrats in other races - the Senate majority would be very much in jeopardy, which would only cause Trump more headaches, especially if the House were to flip too. President Trump urged lawmakers last week to "start the Tax Reform/Tax Cut legislation ASAP", telling them not to wait until the end of September. But we're willing to withhold judgment until we see more of the kind of deal-making Trump promised to help drain the "swamp". The letter said the Democratic caucus would not support a tax overhaul that cuts taxes for the "top 1 percent" or adds to the government's $20 trillion debt.
Donnelly said he was pleased that Trump supports measures that would address "the outsourcing of American jobs". "I am hopeful we can work together to encourage domestic investments that benefit American workers", he said.
These concerns are sure to be heightened after Mnuchin said he isn't positive the administration will achieve its goal of lowering the corporate tax rate to 15 percent, which was Trump's major specific promise concerning tax reform, CNBC reported.
Legislative Affairs Director Marc Short made this calculus clear in statements made during a White House roundtable Tuesday. John Thune of North Dakota, Pat Toomey of Pennsylvania and Orrin Hatch, of Utah. They want it done and they want it in a bipartisan way.
It's unclear how tax reform would directly impact clean up efforts, but Trump has repeatedly said that tax cuts will lead to greater economic growth which could theoretically boost the long-term recovery.
Trump Lawmakers Push Agendas for Tax Reform
Establishing a budget proposal would overcome a key hurdle for tax reform, which Republicans must find a way to pay for in order to pass through the Senate with a simple majority vote.
"No budget, no tax reform", Brady told the conference. If he had been better prepared for his presidency and been able to set his own congressional priorities, he might have put tax reform or infrastructure reconstruction before Obamacare.
The deal for aid to Hurricane Harvey victims, which included a short-term lifting of the debt ceiling and stopgap funding for government operations through December 8, was a bitter pill to swallow for many House conservatives, who had pushed to attach spending cuts to any increase in the government's federal borrowing limit.
"If Mitch McConnell can not get this done. with the House in Republicans hands, obviously the Senate and the presidency, then I think it's time for him and a lot of his colleagues to go into a different line of work", Ingraham said.
♦ They pulled it off because from the beginning, the Reagan administration agreed that tax reform should not be used as a subterfuge to either increase the deficit or to shift the tax burden away from the wealthy.