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Ways & Means Chair Brady defends border adjustability as WTO-compliant

January 26, 2017 at 4:07 PM
House Ways & Means Committee Chairman Kevin Brady (R-TX) defended the House GOP's tax blueprint -- particularly its border adjustability provision -- by saying he is "very confident" the bill would withstand World Trade Organization challenges if it became law, though he expects other countries to criticize the move nonetheless. "I'm convinced that this is WTO-consistent," Brady on Jan. 24 told a crowd of business leaders at the U.S. Chamber of Commerce, citing "three key tests that the WTO uses...

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