【U.S. Senate Majority Leader-Elect: The Failure of Tax Reform Policy is Unacceptable】Golden Finance reports that John Thune, who is set to become the U.S. Senate Majority Leader, expressed his hope to introduce a comprehensive tax policy plan before summer, but he acknowledged that reaching consensus on modifying the complex tax code will take some time. Thune stated that failure is not an option when it comes to taxes. According to Thune, the complex issues facing the tax reform bill include: what benchmark to use, whether to make tax cuts permanent, and how much should be offset. While negotiations on complex tax policies are still ongoing, Thune's 'two-step' plan is inconsistent with the plan supported by House Ways and Means Committee Chairman Jason Smith, who advocates for a single plan. Smith stated on Tuesday, 'If we don't act quickly, we will be in trouble.'