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WASHINGTON Obi Melifonwu Jersey , Jan. 21 (Xinhua) -- U.S. Treasury Secretary Jack Lew was optimistic on the business tax overhaul, saying there is potential for
agreement with Republican-controlled Congress.


The secretary on Wednesday said in a speech at Brookings that there is possibility of a bipartisan consensus on business tax reform despite the
differences on individual taxes.


In a question-and-answer session, the secretary was asked about the odds for successful business tax reform legislation. Lew replied "I'm an optimist, so
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In his speech, the secretary reiterated the urgent need to fix the country's tax system Gareon Conley Jersey , including closing loopholes that allow corporate tax inversions.


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The secretary also downplayed the impact of weak global growth on the U.S. economy, saying that "we are in a very different position now than we were even
in 2012", when there was a lot of concern that if the weak growth in Europe and
Asia might throw the United States back into recession. "Nobody believes that
today Howie Long Jersey ," said Lew.
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BRUSSELS, March 9 (Xinhua) -- Quantitative Easing (QE) program by the eurozone is unlikely to impact directly on China through financial markets, but
it may affect China's monetary policy-making and have an indirect negative
impact on China's real economy in turn, experts have said.


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