The House GOP leadership and the White House are set to release their tax returns Thursday, with a White House official saying they will include a full list of the president’s personal income and expenses.
President Donald Trump Donald John TrumpTrump: Dems playing destructive ‘con game’ with Kavanaugh Several Yale Law classmates who backed Kavanaugh call for misconduct investigation Freedom Caucus calls on Rosenstein to testify or resign MORE’s personal finances will be among the topics of discussion at a White Trump Tower meeting with members of the Republican National Committee, as well as a closed-door meeting with House Republicans on Thursday evening, according to two sources familiar with the plans.
The White House has not said when the documents will be released.
While the president has yet to make a public declaration on the tax bill, his advisers have begun making noises about his financial disclosure, as they continue to push lawmakers to support the tax plan that Trump has been touting as the best chance to revive the U.S. economy and lower taxes for hard-working families.
“There are a lot of people in the Republican Party that are looking for a clear signal from the Whitehouse that the WhiteHouse is not pushing this tax plan,” said David Wasserman, a Republican strategist and former GOP operative.
“We are going to see that in their filings.”
Rep. Mick Mulvaney Richard (Mick) Tom MulvaneTrump: Democrats are playing destructive con game with Kavanaugh House GOP leaders and Trump ‘rejected’ Senate push to rewrite Obamacare MORE (R-S.C.), chairman of the House Ways and Means Committee, has already been asked by the Trump administration to provide information on his taxes for the past three years, and the House has also asked Mulvany to provide tax returns that are part of the President’s tax return for the entirety of his presidency.
A White House spokeswoman declined to comment on the president providing the tax information, but said the administration will continue to share information on the President and his family, including on their financial affairs, when it is available.
Mulvany, who is also a member of the White Houses Budget Committee, is scheduled to host a closed door meeting with Trump and House Speaker Paul Ryan Paul Davis RyanBlue wave of immigration hits Wisconsin Senate as election looms MORE (Wis.)
The two men will discuss the details of the tax overhaul, which the Trump Administration has already released, and will then sit down to discuss the House’s budget proposal.
The House GOP conference will likely release the White Papers this week, a source familiar with a House GOP meeting said, as it will be a way to make sure members of Congress are fully informed about the plan.
Aides have been working closely with House leaders and White House staff to prepare the tax proposals for release, according a source.
The White House is pushing to push the tax legislation through by Thursday afternoon, after a closed House meeting in the hopes of avoiding a repeat of the failure to pass the tax reform bill last year.
But the tax bills are unlikely to clear the House by the time the White houses tax plan is released, as the White house is pushing for more time to develop the legislation and will not be willing to make the tax cuts permanent until they are in place, according an administration official.
“It is important that we take care of the basics before we move to the next step,” the official said.
“As we continue to build out the plan and provide more details, we will share the White papers with the full House and Congress and will be working with all interested members of our conference to ensure that they are fully briefed on our plan.”