Treasury Secretary Steven Mnuchin admitted Monday that getting a tax reform bill to President Trump's desk by August is "not realistic." Mnuchin himself originally set the deadline in late February, just a week after he was sworn in to lead the Treasury Department.
Speaking to the Financial Times, Mnuchin said the late summer deadline was "highly aggressive to not realistic at this point," citing the failed health-care negotiations last month as part of the reason for the delay. Instead, the Treasury chief said he expected a tax overhaul by the end of 2017.
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