Paul Ryan

House speaker promises tax overhaul this year despite chaos

House Speaker Paul Ryan insisted on Thursday that Congress will overhaul the U.S. tax system this year despite the chaos consuming Washington and the political divisions in Congress.

"I feel very confident we can meet this goal," Ryan, R-Wis., told reporters.

Ryan was bolstered by skittish business leaders who began an aggressive lobbying effort to ensure that their vision for a tax overhaul isn't lost in the daily distractions of President Donald Trump's administration.

The conservative Koch brothers' political network announced it is preparing to spend millions of dollars toward that end. The announcement came on the same day a handful of business...

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