Odds of U.S. Corporate Tax Overhaul Only 50-50, Boehner Says
The House Speaker was not optimistic about the chances of passing reform this year.
House Speaker John Boehner, a Republican from Ohio, center, speaks while Harry Reid, Democratic Senator from Nevada, left, and Mitch McConnell, Republican Senator from Kentucky, listen after meeting with U.S. President Barack Obama at the White House in Washington, D.C., U.S., on Friday, Nov. 16, 2012.
Photographer: Joshua Roberts/BloombergThis article is for subscribers only.
House Speaker John Boehner said a long-sought overhaul of U.S. corporate tax law has barely an even chance of being enacted by Congress this year, though both chambers are under Republican control.
The Ohio Republican cited a “50-50 chance at best” during an interview Thursday with Bloomberg.