White House chief economic adviser Larry Kudlow speaks to reporters outside the White House in Washington, U.S. November 13, 2018. REUTERS/Jonathan Ernst
November 20, 2018
WASHINGTON (Reuters) – White House Economic Adviser Larry Kudlow told reporters on Tuesday that the next phase of U.S. tax reform will not happen during the final months of 2018, the “lame duck” period when Republicans will still control Congress.
Kudlow said a follow-up to Republicans’ 2017 tax overhaul could be passed next year, even though Democrats will hold the majority in the House of Representatives, the chamber that writes revenue and spending legislation, starting in January.
(Reporting by Mike Stone; Writing by Lisa Lambert; Editing by Chizu Nomiyama)
