The foundation of our job-creation agenda is to fundamentally

WASHINGTON Wesley Johnson Jersey , Aug. 30 (Xinhua) -- U.S. President Donald Trump on Wednesday pushed Congress to pass a comprehensive measure to overhaul the tax code, but didn't offer specific plans.


"The foundation of our job-creation agenda is to fundamentally reform our tax code for the first time in more than 30 years Sam Dekker Jersey ," Trump said at an event in Springfield, the state of Missouri.


"I am fully committed to working with Congress to get this job done Raymond Felton Jersey , and I don't want to be disappointed by Congress," he said Paul Pierce Jersey , hoping both Republicans and Democrats could join together to pass the tax reform legislation.


In his speech, Trump laid out four principles for the tax reform: a tax code that is simple Marreese Speights Jersey , fair and easy to understand; a globally competitive tax code; tax relief for middle-class families and bringing back trillions of dollars in wealth parked overseas. But he didn't offer any new specific plans for getting tax reform done.


As the Republican-controlled Congress failed to repeal the Affordable Care Act known as Obamacare, the Trump administration has taken a different approach to drive public support for tax reform by launching a national campaign to tout the benefits of tax reform.


White House National Economic Council Director Gary Cohn said last week that Congress Luc Mbah a Moute Jersey , not the president, is taking the lead on crafting the actual tax reform legislation. Cohn and U.S. Treasury Secretary Steven Mnuchin have held regular meetings in recent months with four Republican leaders in the House and Senate to work on the legislation.


The so-called "Big Six" expected the legislation for tax reform to move through the tax-writing committees this fall JJ Redick Jersey , followed by consideration on the House and Senate floors.


It's not clear whether Congress has enough time to debate and pass the tax reform legislation by the end of this year, as lawmakers also have to pass legislation to fund the federal government and raise the debt ceiling in the coming months.


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WELLINGTON， Jan. 20 (Xinhua) -- The New Zealand government on Friday welcomed an international ratings agency's credit and foreign currency ratings as a vote of confidence in the national economy.


Standard and Poor's (S&P) decision to affirm the AA foreign currency and AA+ local currency sovereign credit ratings with a stable outlook reflected international confidence in New Zealand's economic and fiscal performance， Finance Minister Steven Joyce said in a statement.


""The assessment released by S&P today confirms the increasing resilience of New Zealand's economy as we head into 2017，"" said Joyce.


""S&P noted an improved outlook for New Zealand's current account deficit and an improving forecast for our net government debt，"" he said.


""The agency also noted their expectations that New Zealand's fiscal performance will continue to improve over the medium term - and that remains the government's clear intention.""


The country was well placed to deal with any issues as they arose despite significant uncertainty about the world economy in the year ahead， he said.


The ratings affirmation followed signs of growing business confidence in the last quarter of 2016， according to a survey by an independent economic think-tank out Tuesday.


Business confidence remained high at the end of last year， with a net 26 percent of businesses expecting an improvement in economic conditions in coming month， said the New Zealand Institute of Economic Research.

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