Tax reform more difficult - U.S. House Speaker Ryan

Eren Sengezer FXStreet

U.S. House Speaker Ryan is crossing the wires talking about the healthcare bill - via Reuters

There is a block of no votes that we had ... that is why this didn't pass
Chairman of Freedom Caucus told me the votes were not forthcoming
We're going to live with Obamacare for the foreseeable future
We did not have the votes to replace Obamacare
We were close but did not have 216 votes
We did everything we could to get consensus
Does make tax reform more difficult
We are going to proceed with tax reform
This loss not prologue for other agenda items
Republican conference is disappointed

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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