House Speaker Ryan: Tax rates must be permanent in tax reform

REUTERS  LUCAS JACKSON

Ryan also said that he would prefer it if the president didn't tweet so much, even though Ryan doubted that would ever change.

Ahead of a looming intraparty fight, House Speaker Paul Ryan on Thursday insisted the United States will raise the debt ceiling to avoid a default. "That puts us at a huge competitive disadvantage".

Feingold said her congregation is fearful in the wake of the violence and asked Ryan how he would hold Trump accountable.

The Speaker of the House Paul Ryan wrapped up a quick trip to Oregon Wednesday but not before being greeted by protesters at an event in Milwaukie.

Ryan said he'd like to see Congress pass legislation to slash tax rates for businesses and individuals this year.

"I don't think anyone is interested in having a shutdown".

The so-called debt ceiling is the legal cap on borrowing by the federal government, which has been raised 78 times since 1960, in most cases without incident.

Ryan anticipates that Congress will have to pass a short-term funding measure before the September 30 deadline, partly because the Senate faces obligations to confirm federal officials when it returns.

"I'm not going to get into differences on that, only to say that we recognize, acknowledge and believe you need to maintain the mortgage interest deduction, whether it can be improved in how it works - that's the discussion we'll have in an ongoing basis", Ryan said.

Ryan does disagree with the Trump White House on one aspect of tax reform - mortgage deductions.

Ryan said his relationship with President Donald Trump is a "day-by-day deal" when asked about his ability to influence Trump to engage in ethical behavior, adding that the country must repeatedly condemn "repulsive bigotry and racism".

Interestingly, the CEOs of the host companies of Ryan's tour were among the CEOs who quit Trump's manufacturing Council over the President's equivocations about white supremacy and neo-Nazism last week, yet they hosted Ryan for his tour. Some at the most conservative end of the American political spectrum have crusaded for freezing USA debt and enacting strict fiscal austerity.

"We have a shared agenda".

"I don't really take it as going after me", he said.

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