Marc Gerson Quoted on Legislative Challenges in Bloomberg
Subtitle
"Tariff Worry on Wall Street Pressures Trump to Speed Up Tax Cuts"
Subtitle
"Tariff Worry on Wall Street Pressures Trump to Speed Up Tax Cuts"
Bloomberg
Marc Gerson, former majority tax counsel for the House Committee on Ways and Means, was quoted on the legislative hurdles facing the Trump administration as it pushes to pass a tax cuts bill by July amid rising tariffs. While Trump allies argue that tax cuts will help counteract economic uncertainty, Republicans remain divided on strategy. "The difficulty is exemplified by the fact that we have two competing budget resolutions to even start the process. The House and Senate are on different pages," Gerson noted.