DC Digest – April 18, 2017

In Today’s Issue:
  • Visa Executive Order
  • SCOTUS Immigration Pass
  • Tax Reform Timeline 

TRUMP TO TACKLE VISA PROGRAMS

President Trump signed an Executive Order today April 18 directing federal departments to crack down on fraud and abuse in guest worker programs. A senior administration official told reporters Monday afternoon that the order covers, among others, the H-1B visa program, which allows companies to hire specialized workers from abroad on a temporary basis.

Buy American, Hire American

SCOTUS PASSES ON ILLEGAL IMMIGRATION CASE

The U.S. Supreme Court sidestepped a debate over illegal immigration on Monday, turning away an appeal by a group of asylum-seeking Central American women and their children who aimed to clarify the constitutional rights of people who the government has prioritized for deportation.

Delayed Verdicts

DEATH AND TAXES

On the eve of Tax Day, Treasury Secretary Steven Mnuchin tempered expectations on the White House’s tax reform timeline. Mnuchin told The Financial Times that President Trump’s goal of achieving a once-in-a-generation overhaul of the tax code by August is “highly aggressive to not realistic at this point.”

The White House is still talking about 3 percent GDP growth. Mnuchin did not have a precise answer when asked how the White House’s tax reform plan would be deficit-neutral — a key rule in reconciliation.

Mnuchin said a stronger economy would go a long way toward generating revenue, with as much as an additional $2 trillion flowing into the federal coffers. The Secretary pointed out that there could be a “staggering” change between the current GDP growth of 1.8 percent and a potential future growth rate of 3 percent.