Larry Kudlow, the economics guru and former adviser to President Ronald Reagan, said President Donald Trump’s tax reform push is still possible this year if the administration can rally the same kind of support that was seen in last year’s election.
Kudlow was asked for his opinion on a Tuesday report in The Wall Street Journal that said “the boldest ideas for changing the nation’s tax code are either dead or on political life support” because of delays in Congress.
“What I’m told is they are working on a deal,” Kudlow said on CNBC. “The administration has talked to the House and the Senate. The Senate is a little bit behind on taxes, I’ll grant you that. They’re not going to get it done before the August recess. They will get health care done before the August recess.”
Trump campaigned on a pro-business platform of tax cuts, less regulation and