Steven Mnuchin

As the legislative clock ticks, Ryan launches push to pass sweeping tax overhaul

As the legislative clock ticks, Ryan launches push to pass sweeping tax overhaul

House Speaker Paul D. Ryan launched a major push Tuesday to overhaul the tax code this year — including massive cuts — but Republicans in Congress and the White House are running out of time as they continue to battle over the details.

With the year’s legislative days dwindling, Ryan (R-Wis.) tried to jump-start the process with a major speech about what his staff described as the “crown jewel” of the Republican economic agenda.

“Once in a generation or so, there is an opportunity to do something absolutely transformational, something that will have a truly lasting impact long after you and I are gone,” he told the National Assn. of Manufacturers. “That moment is here and we...

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