President Donald Trump is seeking, very early in his administration, to tackle some of the biggest problems of the country.
Due to the sluggish start of healthcare reform, U.S. Treasury Secretary Steven Mnuchin says to expect some delays on tax reform legislation.
Mnuchin told the Financial Times in an interview that the target to get tax reforms through Congress and on President Donald Trump’s desk before August was “highly aggressive to not realistic at this point”.
“It is fair to say it is probably delayed a bit because of the healthcare,” Mnuchin told the newspaper.
Trump has prioritized addressing the American healthcare system:
But efforts to pass a bill in the U.S. House of Representatives to repeal and replace Obamacare failed last month, dealing a major setback to the administration.