Published: Thu, April 13, 2017
U.S. | By Monique Johnson

Trump says tax reform 'will be better' if Obamacare repeal passed first

Trump says tax reform 'will be better' if Obamacare repeal passed first

But he's now come back to congressional Republicans' stance, which is that the savings from repealing and replacing Obamacare will allow for deeper tax cuts. "But the tax reform and the tax cuts are better if I can do the healthcare first", Trump said in an excerpt of an interview with Fox Business Network that will air on Wednesday.

Press Secretary Sean Spicer said at his daily press briefing Monday that it would be a "great opportunity" for Congress to complete its healthcare and tax reform plans before its August recess, but stopped short of a firm timeline.

"I have to do healthcare first, I want to do it first to really do it right", Trump told Maria Bartiromo.

Additionally, Trump said the death of the American Health Care Act - the aborted House GOP bill to overhaul healthcare - was greatly exaggerated.

Trump said in the interview that tax reform would not be as complicated as healthcare reform, which is "very, very hard".

"We're saving tremendous amounts of money on health care when we get this done, number one, and most importantly ... we're going to have great healthcare, and all of that savings goes into the tax", Trump said.

The reversal comes just weeks after Trump said he was abandoning the health-care repeal effort following a nasty split between Republicans on how to proceed.

GOP aides familiar with the health-care negotiations, however, said Trump's remarks did not reflect hopes of an imminent breakthrough. Their bill to overhaul the health care system collapsed on the House floor last month, amid divisions in the caucus. The tax reforms as proposed by the Republican Party are substantial and could have a significant impact on business investments and overall economic growth. House Republican leaders have proposed creating a "border adjustment tax" that would essentially impose a new tax on imports and create incentives for US companies to export their goods.

"They have to make it work, because their standing in the House is in jeopardy, and Trump's standing to do things after the midterms is as well", GOP strategist Ford O'Connell said. "I don't like the word 'adjustment, ' because our country gets taken advantage of, to use a nice term, by every other country in the world".

But Trump offered a big caveat on this idea when he added "I'm not saying that's what I'm doing".

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