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With the corpse of Republicans’ failed efforts to pass healthcare legislation still warm, President Donald Trump says he is already preparing to move on to the next item on his policy to-do list: tax reform.

“We’re going to go for tax reform” next, Mr Trump said in remarks delivered at the White House following Friday’s dramatic showdown in the House of Representatives over the bill, which was designed to undo and replace the Affordable Care Act, also known as Obamacare.

Mr Trump said that he believed they will “end up with a truly great healthcare bill in the future once this mess known as Obamacare explodes.” But next up, he said, will be “tax reform, tax cuts” — a campaign promise beloved by the business community.

Just before Mr Trump’s remarks, Paul Ryan, speaker of the House of Representatives, said that possible “no” votes from his own Republican party sealed the bill’s fate, adding that they had come “really close” to getting the legislation past the first critical vote and on to the Senate.

Copyright The Financial Times Limited 2017. All rights reserved.

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