Mulvaney Sees Tax Bill Pushed to 2018 If Budget Isn't Approved

OMB's Mulvaney on Health Bill, Taxes and Yellen

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White House Budget Director Mick Mulvaney warned that not passing a budget resolution this week would likely result in tax legislation being delayed until next year.

“There’s still a chance it gets done this year but more likely it goes over into the beginning of next year” if a budget isn’t approved this week, Mulvaney said during a Bloomberg TV interview Tuesday. “The longer we wait to get tax reform, the longer the benefits take to kick in.”