Market Weekly: July 31-Aug-04-2017


The White House expects tax reform legislation to move quickly through Congress this fall, advancing through the House in October and clearing the Senate in November, legislative director Marc Short said Monday.

Markups will begin in September, Short said at an event hosted by a pair of conservative political groups backed by the billionaire Koch brothers — Freedom Partners and Americans for Prosperity.

“So that, I think, is an aggressive schedule, but that is our timetable,” Short said, later adding, “I think we’re in for a long fall, legislative calendar-wise.”